Question

Classify the terms below as either costs or benefits of union membership. Not all terms may be used. Costs of union membership Benefits of union membership Loss of individual Job stability work flexibility Protection from Strikes hostile management Monthly dues Equitable wages Answer Bank Tuition support Health insurance Profit sharing by firms

Answer 1

Health insurance falls under benefit of union membership.

Profit sharing by firms , doesn't provide any benefit or workers dont incur any cost of being part of union .

TUTION support : Benefit of being part of union.

Profit sharing by firms :

Benefits of union membership includes:

Union negotiate for better working conditions and wages,

unions also seek additional benefits for their workers. That include medical and health assistance.

Workers no longer have to work under harsh conditions , thus union provide better working conditions.

Also provides job stability against unjustified layoffs .

Union membership imposes cost in terms of loss of earning in days of strike.

Union membership fees is also charged on a regular basis.

One has to follow & abide the rules of union, thus individual work flexibility is suffered.