Where's the law that says that you can't cut anyones pay or reduce benefits? There isn't one. That's why there are unions. To protect workers from abuses of the employer.
Nobody cuts wages unless the company is in or fast approaching dire straights financially. I've never had to take a pay cut, but if it meant helping my company reduce expenses during hard times, its certainly better to see a smaller paycheck for a while than to stand in line at the unemployment office and see no paycheck at all. If it meant helping to save my company, thus my job, I'd do it in a minute.
I have no reason to be either and please don't accuse me of being dishonest because we don't agree.
You cannot 'disagree' in good faith because it is not open to interpretation. The EXPRESSED PURPOSE of unions is to 'lobby' for various things and their bargaining chip is the ability to threaten the company with economic harm, that is where they derive their 'power'. You know it and I know it. You can pretend that is not true and think up all kinds of nifty euphemisms for euphemisms, but you do so at the peril of your own credibility, not mine. Carry on.
IMO "collective bargaining" is a euphemism for," we have a skill you need, you are making big money off of it and we want to be paid accordingly."
A euphemism for a euphemism. Stop mincing your words, Dave, there's no need. This isn't some secret, everyone knows that a union derives it power from the ability to threaten economic harm to a company and to entire sectors of the economy...everyone except for you I guess.
Once again the company can agree or disagree. Why shouldn't they get as much as they can?
Again, I will say you're being dishonest. The answer is because unions often have companies bent over a barrel and you know it. Many companies cannot withstand the harm which would come to them by playing hardball.
I saw it happen at Electric Boat in 1988. They had a very powerful union there (talk about a skill set, those guys build submarines) and they went out on strike. They wanted a huge raise, more bennies, etc. EB said no and not only no they said there was going to be no more leaving the yard at lunch to get hammered, drug testing, etc, etc. They had to dissolve submarine crews, production was way backed up. EB lost big money but they stood there ground and eventually got almost everything they wanted most of which was "conduct" types of things in the contract that provided for harsh treatment for sleeping, drinking, drugs, etc.
Electric Boat had government contracts which insulated them from the harm caused by a protracted labor dispute which other companies without a secured source of income could not withstand.
That is the point I am trying to make when I say TWO PARTIES SIGN THE LABOR AGREEMENT. It also applies to upper management as well. What kind of Board of Directors enters an agreement with a CEO of a company that allows him to walk away from a company after losing tens of millions of dollars with a 7/8 figure compensation package? Incredible isn't it.
Stupid, if you ask me. If I were a stockholder, I would be furious over some of these compensation packages and golden parachutes that CEOs have enjoyed in recent years. That is not what I consider guarding my investment prudently.
But that is for stockholders to be concerned with, its their money that bought the plants and buildings and capital goods and the computers and whatnot. Its THEIR company, THEIR money, if they want to pay a CEO $100 million in exchange for mismanaging THEIR company, that's THEIR business. Do you allow anyone to come into your home and tell you what to do with your hard earned money? If so, can I come over and tell you how to spend your money? We'll be spending it on me, of course.