Business Law Assignment
Without involving politics, give a Pro AND Con for unions, in the perspective of business owner/manager
Pro
Union ensures a stable and qualified workforce by ensuring that proper training is done by the employee. This ensures that the business owner does not have to incur extra costs for training the employee (Ivanov, 2017).
Con
Unions make it difficult for rewarding employees who perform exemplary well in their work. This is because the union has already set salaries and other benefits that should be followed strictly by the employer.
What benefits and challenges do unions bring for companies?
Benefits
The company is able to get well-trained employees since the union ensures that proper training and qualifications are achieved for all its members.
The union provides guidelines that the company can use to settle disputes with its employees in a legal way (Grady & Simms, 2019).
The union sets norms that all the employees follow, and hence the company does not need to explain, such when hiring employees.
Challenges
There is a lack of competition among companies since the set norms have to be followed.
The union can organize an industrial strike, which will affect all the employees, which affects the company negatively, and they have to honor any declarations agreed.
The union ensures that remittances of their fee are done by all the employees, which is an extra cost for the company (Grady & Simms, 2019).
It becomes hard for the company to promote and even terminate employment since procedures have to be followed by the company.
References
Ivanov, S. H. (2017). Robonomics-principles, benefits, challenges, solutions.
Grady, J., & Simms, M. (2019). Trade unions and the challenge of fostering solidarities in an era of financialisation. Economic and Industrial Democracy, 40(3), 490-510.