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  2. Collective bargaining - Wikipedia

    en.wikipedia.org/wiki/Collective_bargaining

    2. Role of Unions: While union membership has declined in recent decades, unions still play a crucial role in the collective bargaining process, representing workers in negotiations with employers. [19] 3. Bargaining Representative: Employees can appoint a bargaining agent, such as a union representative, to negotiate on their behalf. [20] 4.

  3. Project Labor Agreement - Wikipedia

    en.wikipedia.org/wiki/Project_Labor_Agreement

    One of their objections to PLAs is that the agreements require contractors to obey inefficient union work rules [83] and pay into union benefits plans even if they have existing benefits plans, [26] [88] which can increase labor costs and expose contractors to additional uncertainty and financial risk in the form of multi-employer pension plan ...

  4. Unionization - Wikipedia

    en.wikipedia.org/wiki/Unionization

    Unionization has been demonstrated to be associated with greater employee retention, even when unionized employees experience greater amounts of dissatisfaction in the workplace. [11] This is associated with the fact that employees experiencing dissatisfaction will be able to voice their concerns more effectively through the use of the union.

  5. Harris, Yellen tout unions' economic benefits with new ... - AOL

    www.aol.com/news/harris-yellen-tout-unions...

    THE TAKE: The White House has been pushing to support unions and expanded union membership as part of U.S. President Joe Biden's plan to overhaul the U.S. economy, fight inequality and reallocate ...

  6. Trade union - Wikipedia

    en.wikipedia.org/wiki/Trade_union

    A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, [1] such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of ...

  7. The CEO of the first U.S. bank to unionize in 40 years: ‘We ...

    www.aol.com/finance/ceo-first-u-bank-unionize...

    'Meeting the needs of employees does not need to result in conflict, even when unionization is involved,' writes Beneficial State Bank CEO Randell Leach.

  8. Two-tier system - Wikipedia

    en.wikipedia.org/wiki/Two-tier_system

    Such two-tier wage systems are often economically attractive to both employers and unions. Employers see immediate reductions in the cost of hiring new workers. [3] Existing union members see no wage reduction, and the number of new union members with lower wages is a substantial minority within the union and so is too small to prevent ...

  9. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    Two main types of pension fund to do this are union organized Taft–Hartley plans, and state public pension plans. Under the amended National Labor Relations Act of 1935 §302(c)(5)(B) a union bargained plan has to be jointly managed by representatives of employers and employees. [210]