skyking
Lifer
- Nov 21, 2001
- 22,763
- 5,924
- 146
I've been a member of two unions, and I have two different pensions to show for it. The first was with the IAM. The company lost all thier contracts(mostly with Boeing) and went belly-up. If I had not belonged to a union, with a seperate pension plan, my retirement there could have been lost in the bankruptcy. It happens all the time, and not just because of owning stock options. People lose all the retirement they have, and it takes years to get it back, if ever. Many unions have some of the best pension plans around, and these plans are contributed to by each different employer. Imagine working for 5 non-union companies over a 10 year period. would you get vested in any 5 year pension plan? NO.
The reason that employers are treating employees the way they should is directly related to unions, on all jobs. Union companies set the standards in trades, and non-union outfits must pay a commensurate wage to keep top-quality employees.
Health insurance is another benefit that came about because of union involvement. If collective bargaining groups had not demanded it, do you think employers would have just given it freeely?
I, for one, am grateful for my union membership.
The reason that employers are treating employees the way they should is directly related to unions, on all jobs. Union companies set the standards in trades, and non-union outfits must pay a commensurate wage to keep top-quality employees.
Health insurance is another benefit that came about because of union involvement. If collective bargaining groups had not demanded it, do you think employers would have just given it freeely?
I, for one, am grateful for my union membership.