Wednesday, June 17, 2020

Research and Describe the Role of Unions in Labor Relations - 550 Words

Research and Describe the Role of Unions in Labor Relations (Coursework Sample) Content: Labor Relations Unit 5 HWNameInstitutionQuiz.1. Under the first conditions, the unions are in a stronger position to bargain for a preferred wage outcome (pay increase) because the market and economic conditions are in their favor. High profits mean that the management is able to afford a pay increase, and the union will be on a higher moral ground to argue for the sharing of the profits generated by workers (Shishido, 2014). In most cases, businesses might even be willing to increase wages or benefits when profits go up even without the petitioning of unions. At the same time, expanding market share means that businesses will need to increase their productivity to meet market demand. Increasing market share also implies expected rise in profits, therefore making it possible for the management to pay higher wages (Holley, et al., 2011, p. 301) As a result, unions will have an upper bargaining hand for better to reflect their increasing responsibilities or number of wo rking hours. A healthy economy also favors unions becaus...