bruce wilson, page-4

  1. 21,242 Posts.
    lightbulb Created with Sketch. 76


    People in unions on average earn higher wages than non unionised people. The stats for Australia in 2011 were the following:

    ? Employees, who were trade union members earned, on average $1189 a week compared to $1029 for a non-union member.
    ? This is a union wage premium of $160 a week or 15.5%, an increase on the 2010 figure of $124 a week.
    ? The overwhelming majority (91.6%) of union members had paid leave entitlements compared to only 65.5% of non-union members

    The reason that unions are so despised by elements of capital is not because they are ineffective and do nothing for their members. It's because unions are effective in gaining for their members a "Union wage premium" IE Higher wages than their non unionised counterparts and in so doing shift money from capital to labour.

    Reaper.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.