It seems like every time a distressed industry begins to earn money, the labor unions in those big businesses in those industries demand more cash, and they may strike if they don’t get it. That is 1 reason the airline industry innovate, can’t reinvent itself, or purchase more fuel-efficient planes to help it to greater profitability. The auto sector needed to build cars instead of SUVs due to the higher gas prices.
Unfortunately, the big three automakers were bogged down in sand due to the labor unions. The gains from making all those SUVs should have been reinvested in the future of those companies. But the labor unions demanded better benefits, more health care, higher pensions, fewer hours, and money. That took away all of the profits, which should have been repeatedly propounded.
John Sweeney the president of the AFL CIO is retiring and what a beautiful gold parachute indeed. He’d enabled labor unions and the envious workers to ruin General Motors and Chrysler. In addition to auto parts that are several companies like Delphi which closed 25 plants, taking all the work to Mexico. Who won? The solution is nobody.
In the long run, it was the US citizen who bailed out General Motors and Chrysler. This is intriguing because it was also the taxpayers who paid for buying American cars since the unions demanded those and more price increased the cost of American-made cars to an uncompetitive and unsustainable level.
Adam Smith warned us that we have to look out for governments and corporations getting into cahoots with one another. However, we ought to have also been observing the labor unions, and their political and political strategies have harmed consumers, free markets, and shaken the heart of capitalism itself. Please consider all this, since the coordinator for the Online Think Tank; I am concerned about our future, and international competitiveness.
Unions never appear to miss a chance to raise their pay, raise their benefits, or stifle a company from growing and winning market share. Let us talk.
Steven Wilhelm of the Puget Sound Business Journal wrote an intriguing piece in the late-night on November 13, 2013, titled; “Machinists reject Boeing contract,” which explained that the marriage didn’t like Boeing’s bargain, but why? It was a thing. Is it that in the Dubai Air Show early in the daytime (Middle Eastern Time Zone) that the Boeing Company declared potential sales amounts of $100 Billion, obligations to purchase 250 aircraft out of 5-airlines in the Middle East? Yes, the union wanted to cash in and saw dollar signs – that is a small greedy how I see it hardly a team player effort.
How is it that the union can complain about CEO and executive pay and how greedy they are at the top when the union supervisors make bank along with the rank and file see dollar signs and they wish to get all they could. Unfortunately, when they do so, Boeing cannot meet the price points to deliver those aircraft, labor is the greatest costs, and materials are instant, when you purchase lots of materials, alloys, components, there is a supply and demand problem there too and those prices go up too. A way is for the Boeing firm when the union plays hardball dividing the company from the inside, to restrain those prices, and the response goes something like this;
Fine, Boeing should immediately start building all components and aircraft outside the United States, especially all Middle East purchased aircraft in those countries, why should not those aircraft be assembled there, employing their population, a population which would not cause strikes, works slow-downs or manufacturing disruptions? All of Boeing would have to do is start slowly shutting all US factories.
Then, “IF” some US labor union employee purposely does a work slowdown – they ought to be arrested for corporate and industrial sabotage immediately. Not just in my view, but with this being observed by other industry experts, we say. 1 recent airliner manufacturing expert explained”let’s outlaw extortionist unions in the United States of America – they are NOT with us” and he explained it to me like that; “when unions act like the enemy – and they could as well be working for the competition in this case – no one is served.”
Harsher words have likely been spoken on the opposite side of the corporate-union divide, but in most regards, he’s right (pun intended), after all, he is not a left-leaning card-carrying socialist. The fact is, corporate America needs and the union to work collectively, and everyone loses if they don’t. Please think about all this and believe on it. There are manufacturing workers union that functions well with their members.
Most of what you read about marriages is either pro or anti-union, and what you read will be an angle you have likely not seen before. If you don’t yet know about how a union organization would influence your business (in case your business is qualified ), then now is a fantastic time to become educated. The EFCA would make it easier than ever to get a marriage to be set up on your business, and that should concern you profoundly.
What it means is that a government arbitrator could legally order you to radically shift your management infrastructure, compensation structure, therefore gain dynamics, and make it very difficult to earn the same amount of money that you’re earning now. A marriage essentially interrupts the manager-employee connection by adding a third-party mediator (the marriage ) who will negotiate on your behalf.
To understand this topic, you have to”go meta” to what a union is, and why employees vote them in their offices. The union was a remedy to the difficulty of workers tens of thousands of years. While unionization’s roots can be traced back to medieval craft guilds, they came into their own in the latter half of the 19th century and the rise of industrialization. Right here you can learn more about the union.
Again, the dilemma of healthy self-interest is in the middle of the issue. The mistreatment of employees’ cause is employers who endeavor to get the most for the least amount of work and have left a god out of cash. So while a part of the growth of consciousness was that the formation of this democratic structure called the marriage, it doesn’t take much of an analysis to see it has not worked. What has been the cost, although labor laws that provide workers the right to organize have ended unfair labor practices?