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union role in wage & salary administration (15) (impact union wage…
union role in wage & salary administration (15)
impact union wage determination
union impact: the spilover effect
tole of unions in wage & salary
the structure of wage package
policies & practices
union impact on general wage level
reasons for union favoring gain sharing
more money
fewer grievancces
better job security
increase influence of union
increase recognition
union & alternative rewards system
pay for knowledge plans
gain sharing plans
employee stock ownership plan (ESOPs)
profit sharing plans
lump sum award
reasons for union opposing gain sharing
union influence is undermined
increase productivity reduce need for jobs
peer presure to perform may increase
employee don't want to involvement
management cannot be trusted