Re:Why Wages Aren’t Growing
by brightball on Friday September 22, 2017 @09:36AM
(#15312016)
This is entirely accurate. The union has been trying to get workers at Boeing in Charleston to unionize ever since it opened.
The workers don't want to unionize. The reason?
Well, as it turns out...there are jobs there now that weren't there before. Those jobs could have gone somewhere where the union existed...but didn't.
So the people there...pretty happy to have quality jobs from a great company. A company that adds jobs continuously even through a recession...and the union forces a strike every 7 years or so costing the company about $1 billion every time.
Union negotiating power is based almost entirely on it's ability to hold the company hostage. It's the job of executives to look out for the best interest of the company and that, just like infrastructure planning, means redundancy.
It's the same approach as tax policies or raising minimum wage...it only works if the people involved have no other options.
The workers don't want to unionize. The reason?
Well, as it turns out...there are jobs there now that weren't there before. Those jobs could have gone somewhere where the union existed...but didn't.
So the people there...pretty happy to have quality jobs from a great company. A company that adds jobs continuously even through a recession...and the union forces a strike every 7 years or so costing the company about $1 billion every time.
Union negotiating power is based almost entirely on it's ability to hold the company hostage. It's the job of executives to look out for the best interest of the company and that, just like infrastructure planning, means redundancy.
It's the same approach as tax policies or raising minimum wage...it only works if the people involved have no other options.