Unions impact most of our daily business lives. Allowing us to have the scope to make a sound decision on whether we would like to work for a union or a not unionized business.

1. Unions impacting the workforce.
Tiffin University
Emmanuel Amaefula
9/20/17

2. What is a Union?
A union is an organized association of workers built to protect their rights and
interests.

3. Internal Stakeholders impacted
by unions
– Some of the stakeholders impacted by unions are employees, managers, the
board of directors.
– Depending on the organization, internal stakeholders can be athletes, coaches,
and also the owners of the professional or collegiate team.

4. External Stakeholders
– Some of the many external stakeholders are customers, suppliers, creditors,
competitors, government, and society.

5. Positives of Unions
– The amount that individuals make while working for a unionized company is
higher than those who do not work for a union.
– Reduction of wage inequality
– Pension plans (retirement plans), health insurance, and paid leave are some
perks that individuals working for a union are able to utilize. ( Walters and
Mishel, 2003, Para 2)

6. Positives
– Unions also provide greater job security than those companies who are not
unionized.

7. Negatives of Unions
– Unions act like monopolies that demand for higher wages, but also contribute
to job cuts in the market.
– Unions allow for workers to stop producing, forcing the company to lose total
production for the day.
– Unions have the ability to cut tasks from jobs which effects the employees from
having work to do.

8. Negatives
– Unions can also contribute to counter productiveness. Making the work
environment hostile, instead of a place where collaboration can thrive.
– Due to strikes, unions force employees to lose potential income which could
also curtail the opportunity for the company to gain income.

9. Outcome
– The negatives outweigh the positives when It comes to making a decision to
work for a unionized company. Even though the pay may be great, the
opportunities are higher to receive a paid vacation, and also have the ability to
gain Health care insurance are beneficial.
– Everything in life has its perks and its cons, but the reality is that whether
working for a union or not working for one is solely based on the decision of the
employee.
– Unions compared to not unionized institutions can be seen as a limited form of
business. Especially when a union has the power to cut tasks from certain
companies.

10. References
– Jamali, D. (2008). A stakeholder approach to corporate social responsibility: A
fresh perspective into theory and practice. Journal of Business Ethics, 82,
223–231.
– Post, J. E., Preston, L. E., & Sachs, S. 2002. Redefining the corporation:
Stakeholder management and organizational wealth. Stanford, CA:
Stanford University Press.
– Walters, M and Mishel, L (2003, August) How unions help all workers