When it comes to your business, it is important to take the initiative and be sure that all of your employees are happy and have high job satisfaction. Some big companies tend to have difficulty running the whole thing therefore they decide to have a labor union instead of several human resource managers. The GWC Valve USA company understands how difficult it is to run hundreds of employees in a company and are thinking about possible labor unions and the benefits they would have for the company.
There are several benefits along with having a union which include how union members usually make an average of 30% more than non-union workers, there are 92% of union workers who have job-related health coverage versus 68% of non-union workers, and they also are more likely to have a guaranteed pension unlike non-union employees. When you are involved in a union, the union protects you as an employee and this includes from unjust dismissal through collective bargaining. Union members also have the power to choose to go on strike or not. A strike is when a group of workers stops working either in protest for their labor conditions or as a bargaining tool for negotiations in order to get someone’s attention.
When it comes to collective bargaining, this is what unions can bring to small businesses. Collective bargaining is the negotiation process between the management or human resource department in a business and the union representatives of the company. How it works is the union will negotiate equal payment for similar work for all employees based on the job position and length of time on the job. This basically completely takes on the responsibility of the human resource department which is being able to provide a bonus or raise to an employee who is exemplary and whose work exceeds the expectations. Anything else, the union is able to negotiate under collective bargaining including the raises, vacation pay, sick leave, grievances and health benefits.