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Organized Labour.docx - Organized Labour Stakeholder...

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Organized LabourStakeholderBenefitsCostsWorkers- Unions can negotiate higherwages- Better working conditions- Adequate compensation- Increased safety- Greater job security- Employers have to negotiatewith unions- Disciplinaryactions/termination isdetermined by unions- Businesses can outsourcework- Number of ‘new hire’employees can be reducedleaving the insufficientworkforce to keep up with theworkload- Negotiations for increasedwages and other associatedcosts may not be sustainable- Tension between employersand employees- Must follow strikingmandatesBusiness- Reduction in turnover rates- Collective bargaining andcollective agreements- Collective bargaining isbeneficial as a whole and tosociety because it promotesan ownership society thatempowers its citizens- Employee commitment tothe workplace
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Term
Fall
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N/A
Tags
Trade union

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