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Argument synthesis paper that will eventually be turned into argumentative research essay on Unionizing companies and the drawbacks of not unionizing a company
Unionizing Companies And The Drawbacks Of Not Unionizing A Company
Length: 4 pages (1224 Words)
Unionizing Companies and the Drawbacks of not Unionizing a Company
For many years, the topic of unionization of businesses has been central to many policy makers. There exists an extensive provision for a legal framework that voices the grievances of the workers at their working places. The effect of unions greatly depends on the economic performance and degree to which the public policy formulates union organization and bargaining power (Levitt 27). There exists extensive research on the relationship between unionization to investment, employment, productivity, job growth and profitability of the company. Indeed, studies indicate that unions are directly associated with thelower profitability of the companies while focusing on the increasing compensation for the union members. Conversely, they do not increase productivity but contribute to lower productivity in the enterprises. Notably, they lead to decreased investment in development and physical capital of the company.