Posted August 10, 200915 yr I am not sure if this is funny or sad http://www.politico.com/blogs/bensmith/ Teamsters face threat of internal picket The unionized workers on the Teamsters Washington-based national staff are locked in a contract dispute with their own labor organization and Teamsters President Jimmy Hoffa is warning local officials of, as he puts it, the embarrassing prospect of a strike. ... By Jonathan Martin 12:38 PM
August 10, 200915 yr No, I am in management. I grew up in a union house, but I personally feel that right now unions need people more than people need unions. What I really hope is that unions figure out a way to be a benefit to both employees and posibly employers going forward.
August 10, 200915 yr All economic activity can be boiled down into two actions, value creation and value capture. One could make a very persuasive arguement that unions help the companies they work for tremendously in the department of value creation. They are generally of a higher skill set (even if just slightly) than their non-union counter parts. This is where their benefit to society ends. Because any company who employes union labor must necessarily fail to capture a significant amount of the value created. This value instead is captured by the union in the form of above market wages and benefits. In every industry where there are both union and non-union work forces, the companies that are saddled with union labor are at an enormous disadvantage. Edit: I thought this was the other union thread, so I apologize for being slightly off-topic. The teamster's, btw, are hilarious....and scary.
August 10, 200915 yr No, I am in management. I grew up in a union house, but I personally feel that right now unions need people more than people need unions. What I really hope is that unions figure out a way to be a benefit to both employees and posibly employers going forward. Thanks for clearing that up . I knew, that you knew a lot about them.
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