Benefits of Unions and Bargaining Subjects to Employees


Labor unions play a crucial role in any organization by working together with employees to establish a collective voice to assist them in negotiations with their employers. Although some people view labor unions as negative, these organizations have many positive impacts on the labor market to both the employer as well as employee. Unions have helped in increasing working class wages, particular because at every workplace, there are usually two competing interests. These are the employer interests that are characterized with a desire to minimize overhead expense as well earn big profits. On the other hand, the employee interests imply the urge to have decent salary to commensurate the cost of living.

Don't use plagiarized sources. Get Your Custom Essay on
Benefits of Unions and Bargaining Subjects to Employees
Just from $9/Page
Order Essay

When employees join a union, there is strengthening of their bargaining power because of the ability to conduct a mass action like strikes, which can hamper company operations. Research shows that unions have been instrumental in campaigns to raise the unionized workers wages; hence, the significant difference between employees in unions and others who are not members of any union. At the same time, unions assist in inequality reductions in the workplace (Martocchio, 2009). It is obvious that managers in the workplace often receive higher wages compared to other employee, in addition to enjoying similar benefits. A study conducted in this subject indicated that unions reduce wage inequalities as they raise wages at the bottom and the middle wage, unlike at the top.

Conversely, unions help to improve the benefits given to the employees by their employers as well as negotiating for improved non-wage benefits. A union formally acknowledged by an employer negotiates with an employer on the terms and conditions in relation to the job description of the worker. It is obvious that for collective bargaining to be efficient, both the unions and employers have to agree on the operation of the arrangement.

Benefit of Cash Balance Plan to Employees

A cash balance plan is a beneficial pension plan, which promises an employee of an employer’s equal contribution about a certain percentage of their yearly earnings. Cash balance tends to build value progressively and often at a similar pace for every employee regardless of the number of years that they have worked for an employer. In most cases, the aim of this plan is to build wealth and offer uniform accrual all through an employee’s career.

Majority of benefit plans are often based on multiplication of the number of years served by an employee and the final pay. This means that any increase in compensation in one year tends to increase the benefit accruals for all the past years. Cash balance plan entails fixed interest rate, protection of retirement savings, retirement adjustment in terms of contributions in case of salary increase, and management of retirement funds (Martocchio, 345). Employees willing to join other companies have an option to transfer the retirement capital to another firm or be given a lump sum of money.

The usage of a cash balance plan is beneficial to young employees since it easily cultivates reliable employees to work for many years in the company. On the other hand, there is interest adjustment given to older employees in the cash plan. The adjustments and the likelihood of funds transfer accumulated, compensates for the prejudiced nature in relation to older employees. Conversely, older employees benefit from savings transfer to cash balance accounts, as the Pension Benefit Guarantee Corporation protects the accounts.

Importance of “Age Discrimination in Employment Act” to employees

The Age Discrimination in Employment Act has been instrumental in tacking age discrimination in the work place. Employers are now increasingly understanding the importance of fair and a just playing field in employment as well as promotions. The situation has led to better working conditions and improving of companies’ image in the public eye. Presently, the judicial pronouncements make it crucial for employers to avoid age discrimination and become equal opportunity employers. Better standards of living have made it likely for employees to be productive for a long time; hence, there is need for protection against an issue such as age discrimination. Such discrimination need to be discouraged in the work place, particularly during recruitment, training, advancements, as well as promotions.

The significance of laws in relation to age discrimination in the work place is currently applicable worldwide. Discrimination needs to be avoided in both the private and public sector. Employees have benefited from the law with the message being the duty of the employer is to offer an atmosphere devoid of discrimination against age, sex, as well as affiliations. The law is one of the most significant rights, which is available to the present and future employees. Another advantage of the law to employees is redundancy or layoffs protection, as older employees are no longer unnecessarily framed and blamed by their employers. It is a an essential anti discrimination responsibility for employers to ensure employees enjoy equal right in terms of employment. This means that decision making in employing an individual should not be  justified in relation objective criteria and employers’ fancies.

Integration of Qualified Pension Plans and Social Security

Recent surveys indicate that majority of private pension plans and public plans have been clearly integrated together with the social security. The significance of the integration is to ensure that there is a retirement income adequacy in relation to all the covered employees in the scheme. At the same time, the process ensures equity in retirement income equity, which is interpreted as the equivalent of the total replacement rates for all employees in spite of their salary levels. Conversely, integrated plans aim to attain these goals by ensuring they take into account the amount received by a retiree from the social security. At the same time, they offer a beneficial plan that is sufficient in establishment of an integrated plan and a social security. This comes with benefits that entail approximately similar percentage of employees’ preretirement reward, which are independent of their position in relation to the pay scale.

The main reason for integration is to offer a retiree a joint benefit, which will comprise of the same percentage of an employee’s preretirement compensation. The social security plan formula is extremely progressive and tilted towards the junior employees in the work place; hence, the impact integration is to offer employees more benefits.

Benefits of Defined Contribution and Defined Benefit Plans

There are two major pension plans known as Defined Contribution and Defined Benefit. Presently, DC plan has become common unlike DB. The American State Department of Labor indicates that from 1990 to 1991, DB plans had reduced by around 30% and continued to experience a drop. The loss of its dominance has been linked to various reasons. DB plan is a definite promise of future payments after the death or retirement of an employer. The benefit is often calculated in advance by application of a formula that is based on age, salary and the number of years worked in a company. The promised benefit remains the final salary percentage of the employee.

Employers are accountable for making payments after retirement, which means a DB pension plan can be termed as an employer pre-funded account. On the other hand, in DB plan, there is payment of fixed contribution by employees. The money is deposited in an individual fund, which is sponsored by employers in the employees’ career life. The contribution is often deducted directly by an employer from the salary of an employee and the portion matched by an employer. Conversely, the retirement income is often not known as it relies on the contributions made by an employee in their career life and their funds investment returns. Consequently, there is often no guarantee on retirement benefit as it is based on contributions and investment earnings. Lately, DB pension plans have lost their supremacy slowly in many countries owing to the emergence of other pension plans.

The shift from DB to DC has many advantages in relation to employees when they are changing jobs. DC plans, being portable, accrual risk challenges and employer’s insolvency risk are not an issue (Martocchio, 234). On the other hand, employers with the choice of controlling their pension savings using their preferred method often manage DC plans. In addition, changing to DC plans tends to shift other challenges and risks from employees, which were absent in the DB plan. It is evident that employees using the DC plans often assume market as well as longevity risks formerly borne by DB plan sponsors.

Works Cited

Martocchio, Joseph J. Employee Benefits: A Primer for Human Resource Professionals. Boston,   Mass: McGraw-Hill, 2003. Print.



Get Professional Assignment Help Cheaply

Buy Custom Essay

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

Online Academic Help With Different Subjects


Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.


Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!


While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.


Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.


In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.


Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.


We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!


We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.


Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

  • When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
  • We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

  • The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
  • We will have a different writer write the paper from scratch.
  • Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment Help Service Works

1. Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2. Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3. Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4. Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

smile and order essay GET A PERFECT SCORE!!! smile and order essay Buy Custom Essay

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!
Open chat
Need assignment help? You can contact our live agent via WhatsApp using +1 718 717 2861

Feel free to ask questions, clarifications, or discounts available when placing an order.
  +1 718 717 2861           + 44 161 818 7126           [email protected]
  +1 718 717 2861         [email protected]