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Unions are organizations that negotiate with corporations, businesses and other organizations on behalf of union members. Unions raise wages of unionize workers, and also increase the compensation package in regards to benefits, retirement, etc. Unions can set a pay standard and can also be used as a standard for non-union workers. Since the Unions are for the employee they negotiate with businesses for a decent inclusive compensation package. Unions negotiate for the group and not for an individual employee. If negotiations are not met, then there is the chance of strike, this can impact the company. Describe the impact of the union on wages within your organization. If your organization's employees are not represented by a union, discuss how union representation might positively or negatively impact employee standards. The impact union negotiations has impacted The Walt Disney Company in that Disney would increase initial salary from $8.03 an hour to $10 an hour by July 2016. In addition to, regular full-time employees who are not at the top of their pay scales would get “three raises of at least 50 cents an hour, while those employees …show more content…
who have reached the top of the pay grade would get three raises of 30 cents an hour”. Disney would continue to pay 75 percent of the cost, on average towards health insurance premiums. However Disney furthermore requests its unions to give up pensions for new employs starting Jan. 1, 2016. Those workforces would in its place be enrolled in 401(k) investment plans with a 3 percent company match. Ed Chambers who is the president of the Service Trades Council, the coalition of six unions that together represent more than 20,000 full-time workers at Disney World is happy with Disney's pay agreement. There is concern in regards towards insufficient increases for those employees at the top of their pay grade. This offer “is putting emphasis on our goal of improving the wages of the masses and getting closer to our idea of a living wage". Kim Prunty, a spokesperson for Disney World, believed the proposal "reflects Disney’s appreciation and care for our cast members and our commitment to providing a leading employment package." Are employees from your organization's competitors represented by a union? If so, has the union representation provided a competitive advantage or some sort of hindrance? Explain. Disney’s biggest competition is Twenty First Century Fox and Time Warner employees are both union and non-union workers (Unknown, n.d.).
This has provided a competitive advantage for the companies. Companies of choice provide a comprehensive employee benefits package like Disney to attract and retain employees. A smart- compensation package that offers a fair market wage, benefits that include health, educational reimbursement, and flexible work schedule, paid time off, sick benefits can help attract the right employees. In today’s corporate world and competitive economy, it is a competition to recognize these gifted workers who can profit your business. A “strategic perspective focuses on those compensation choices that help the organization gain and sustain competitive advantage” (Milkovich,
2010). Every organization must comply with government regulations. Describe the proactive activities that your organization uses to ensure compliance with regulations and to avoid claims of discrimination. The multicultural mix is a huge part of the professional world, most businesses employ persons from all over the world so now you have to know what their culture is like so as to not offend them (Lewis, n.d.). Companies benefit because they are recruiting and selecting talent that can help grow their business. It is the policy of The Walt Disney Company to provide equal opportunity for all employees and applicants for employment without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, age, marital status, covered veteran status, mental or physical disability, pregnancy, or any other basis prohibited by state or federal law. This policy extends, but is not limited, to recruitment and employment, promotion, demotion, transfer, layoff, termination, rate of pay and other forms of compensation, education, and training
As companies look to expand operations and hire new employees, many economic and environmental factors are taken into consideration. The cost of labor is one of the primary concerns as labor generally constitutes a large part of company budgets. The organization of labor by unions further increases this concern. The wages of unionized workers are significantly higher than the wages of nonunion workers in almost every industry (Fossum, 2012). Higher wages generally result in reduced company profits, lower share prices, and reduced shareholder returns (Fossum, 2012). Unionization also reduces the employer’s flexibility with regards to hiring, transferring, or promoting employees (Fossum, 2012). Productivity may be negatively impacted by unionization because merit is often eliminated as a criterion for wage increases or promotions (Fossum, 2012). As a result of these negative impacts, employers are motivated to oppose unionization.
Unions are organizations that negotiate with corporations, businesses and other organizations on behalf of union members. There are trade unions, which represent workers who do a particular type of job, and industrial unions, which represent workers in a particular industry. The American Federation of Labor-Congress of Industrial Organizations (AFL-CIO) is a trade union, while the United Auto Workers (UAW) is an industrial union.
Unions are voluntary associations joined by workers. The Combination Act of 1800, which hindered the growth of unions, states that every workman's goal, who are entering into any combination should not be obtaining an advance of wages, or to lessen or alter the hours, or influencing any other to quit his work. Any workman who did so shall be committed to jail (Doc 1). Although the Combination Act of 1800 prevented the growth of unions, Ralph Chaplin believes that a worker should join the union. He states that there can be no power greater anywhere beneath the sun, but the unions, which makes it strong (Doc 2). Since there's so many workers working in bad conditions, the labor laws came to action.
Unionism can be described as "a continuous association of wage-earners for the purpose of maintaining or improving the conditions of their employment"(Smelser). This means that a group of workers can unite to gain more power and leverage in bargaining. The bargaining may include many aspects but usually consists of wages, benefits, terms and conditions of employment. The notion of union came about in the 1700's. In the beginning as it is today workers united to "defend the autonomy and dignity of the craftsman against the growing power of the company" (Montgomery).
Unionism is the concept that traditionally business, especially big businesses are inherently going to exploit their employees. Therefore, in order to protect themselves, the workers form organizations called unions, in which all laborers who work at a certain craft, or in a certain industry band together. By this process of “joining forces”, the unions gain power in numbers. Unions traditionally try to protect employee interests by negotiating with employers for wages and benefits, working hours, and better working conditions.
Unions have an extensive history of standing up for workers. They have advocated rights of steelworkers, coal miners, clothing factory employees, teachers, health care workers, and many others. The labor movement is based on the idea that organized workers as a group have more power than individuals would have on their own. The key purpose of any union is to negotiate contracts, making sure workers are respected and fairly compensated for their work. “In theory” unions are democratic organizations, resulting in varying inner authority. Workers look for security within a job a...
Labor Unions were created to help people improve their wages, work conditions, hours, and security. Unions impacted the world in a lot of ways and for that we have better lives now, for what they did in the past.” Some key freedoms that we take for granted today- the weekend, for example- were won by labor unions efforts, but we have always been lukewarm about the movement” (History of Labor Unions).
Labor unions have been in America for a very long time. There are many unions in a myriad of different fields. Labor unions were and are used to allow for equal treatment of workers. Employers always want to maximize their profits and they try to give the least to get the most in return. For reasons such as this is why unions were formed. Generally a union boss is appointed or hired to protect the rights and privileges of the employees. The union boss is generally very representative of the demographics of the workers. The leader of the employees needs to know what they want and what is fair for them and this is why he tends to represent one type of work force, such as the teachers union. This type of representation is made easier when most of the workers come from the same background. Background meaning family size, education, race, etc. Labor unions have helped shape the American work force, as have the backgrounds of the men and women who have worked in them. America was founded on diversity and the freedom to choose. Many different backgrounds have found their way into America and labor unions. As stated earlier, labor unions have people of the same background in them. America’s first settlers were generally of the same background and because of that, so were the members of the first labor unions. As the United States expanded so did the work force and the diversity in it. Diversity and understanding the challenges and benefits is what enables America to be great. In the pages of this paper we are going to look at the change in the make-up of labor unions by the entrance of African-Americans and how they have influenced America and the labor unions for the better. This paper is and expansions on my paper “A Shield Against the Power of Industrial Capitalism”.
Labor unions were established as a way for workers’ needs and grievances to be heard by management. According to Fossum (2012), “forming a union creates a collective voice to influence change at work” (p. 7). The collective voice of workers in a union holds much more power than any single employee’s voice. It can loudly draw attention to mistreatment or abuse of workers. The organized collective voice of workers demands to be treated in a fair way by its management in terms of wages, hours, benefits, and working conditions.
The disadvantages of union membership are viewed from the employee and employer perspective. Through the employee lens, the disadvantages manifest in the form of fees, loss of autonomy, and less collaborative work environment. As part of the union, you surrender many of your individual rights in exchange for the organized results that can potentially manifest through the collective bargaining process. Therefore, there isn’t any assurance that your individual concern will even be addressed.
Throughout American history, labor unions have served to facilitate mediation between workers and employers. Workers seek to negotiate with employers for more control over their labor and its fruits. “A labor union can best be defined as an organization that exists for the purpose of representing its members to their employers regarding wages and terms and conditions of employment” (Hunter). Labor unions’ principal objectives are to increase wages, shorten work days, achieve greater benefits, and improve working conditions. Despite these goals, the early years of union formation were characterized by difficulties (Hunter).
(1) Michel G. Rukstad, David Collis; The Walt Disney Company: The Entertainment King; Harvard Business School; 9-701-035; Rev. January 5, 2009
Unions traditionally were “a continuous association of wage earners for the purpose of maintaining or improving the condition of their employment” (Webb & Webb, 1894, as cited in Bryson, 2011b, slide 7). Their function was to campaign for compassionate management procedures, equivalent bargaining power between employers and employees, and for fairness and democracy to be initiated into the workplace (Bryson, 2011a). Union activity at this time tended to focus on nationwide bargaining for industrial groups (Geare, 1983, as cited in Haynes, 2005), with their role seen as wage bargainers and in...
This case provides a brief history of management conflict and change at Walt Disney Company. Former CEO Michael Eisner was considered to be controversial because of his abrasive style and tendencies toward micromanagement. It was this style that strained several important relationships to the Disney Company. Though his reign as CEO during the 80’s and 90’s helped advance Disney Company, it was his conflicting management style that led to his demise and the beginning of Robert Iger’s epoch at Disney. Since Iger has taken the helm as CEO Disney was ranked 67th in the Fortune 500 list for largest companies, it has become the largest media conglomerate in the world, and relationships and disputes stemming from Eisner have been reconciled.
The Walt Disney Company, or more commonly known as Disney, is an American corporation headquartered in the Walt Disney Studios, Burbank, California. Disney (DIS) is the largest operator of theme parks and resorts and largest media conglomerate, reported total revenue of $11.58 billion, a 4% raise from the previous year in its third-quarter results. Most of its revenue is generated from the media network segment and the park and resort segment. Disney's strategies mainly focus on generating the best creative content possible along with innovation and utilizing the latest technology. (Seekingalpha.com, 2014)