Wage Negotiations
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A Manchester, NH business is in the middle of a contract negotiation. The current pay rate for employees in the unit is $8.00 per hour and the union is seeking a $.50 increase per hour. The company has 35 employees in the bargaining unit and 7 employees in management. Management has come back to the table saying they cannot support such an increase and is seeking a wage freeze.
As a representative on the labor bargaining team, what information, research, and data would you examine in preparing your defense? The only issue being discussed is the wage section. The company has provided the union with fiscal statements and budget outlines, which the union does not think are accurate. Where would look for information outside of the company? How would this information help you prepare your case?
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Solution Summary
Wage bargaining by a union in Manchester, NH is discussed in a structured manner in this response. The related reference is also provided.
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Since the business is located in New Hampshire; I will look at laborer salaries in New Hampshire on the Indeed website. The average salary for a laborer in New Hampshire according to Indeed is $16.39 per hour. This is more than double the salary of $8.00 per hour. We get data from another source, the ZipRecruiter. According to ziprecuiter.com, for The hourly wages in Manchester, the top earners get an hourly salary of $25, the 75th percentile gets a salary of $19, the average salary is $15, and the 25th Percentile is $12. The current wages of $8.00 is less than the 25th Percentile of $12.
Similarly, according to salaryexpert.com, the average salary in Manchester, New Hampshire is an hourly rate of $30. Also, if we consider the median hourly wage earnings in the United States, the hourly wages were $16.36. Moreover, the cost of earning in Manchester, NH is 19% higher than the US national average.
During the negotiations, I will use a salary comparison tool that will access salary data online and will get updated in real-time (1). This means that during wage negotiations I will be providing relevant information. I will get workers' salaries in each of the neighboring cities namely, Weare, Auburn, Candia, Londonderry, Litchfield, Deerfield, Goffstown, Deering, New Boston, and Francestown. I will use the salary comparison tool for comparing the hourly wages of workers in these towns and compare them with those of the business. After this, I will ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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