This report presents current information on unions’ influence on wages, fringe advantages, total compensation, spend inequality, and workplace defenses.
A few of the conclusions are:
- Unions raise wages of unionized employees by approximately 20% and raise compensation, including both wages and advantages, by about 28%.
- Unions decrease wage inequality simply because they raise wages more for low- and workers that are middle-wage for higher-wage employees, more for blue-collar compared to white-collar employees, and much more for employees that do not need a degree.
- Strong unions set a pay standard that nonunion employers follow. Continue reading “Unions have impact that is substantial the settlement and work life of both unionized and non-unionized workers.”