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More Hippocracy, Greed and Corruption

#46
(This post was last modified: 06-02-2015, 05:33 PM by wrong_box.)

Quote:I don't think that you really understand how things are done in the business world.  I would almost guarantee that your employer funds your "union provided" vision and dental insurance as well as your long and short term disability plans.

 

I'll use another example that may or may not be your actual case.  Let's just say that you earn $20 per hour.  Your actual cost to the employer is probably WAY more than $100 per hour.  For starters, your employer has to pay the other half of your Social Security Tax.  That's right, what they take out of your paycheck is half of what your obligation is.  They also have to pay workman's compensation insurance for you should you get hurt on the job.  Then comes the benefits, and I suspect that this increases the cost to employ you well above $100 per hour.  They have to pay your insurance premium for your healthcare.  If your company has set up a 401k for you and has agreed to match contributions up to a certain level, then they have to pay that.  They also have an agreement with your beloved union to pay a "fee" that covers your "free" dental, vision and disability insurance.  I'm sure that part of the dues that you pay helps cover the cost of those, but it certainly is not paid for just from your dues.  And let's not forget that the union has to make their money in order to pay their salaries and donate to political candidates that they choose.
I just told you my company does not fund my dental and vision and the other stuff...I told you that because they do not...I can see what you mean in your examples, but once again, it's not YOU who makes the decision for companies needs...If companies didn't feel they need Unions, they would not use them...I am very knowledgeable about the business world as I am very well educated with a Bachelors in Business Management, and a Masters in Business Administration  and a couple decades of running divisions for my former company(s)...The last division I ran had over 100 people in it, not to mention the temps we would bring in when needed...

 

The bottom line is, if Unions were not needed, they would no longer exist as companies wouldn't use them


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Messages In This Thread
More Hippocracy, Greed and Corruption - by Jinjo - 05-30-2015, 04:34 PM
More Hippocracy, Greed and Corruption - by Ringo - 06-01-2015, 09:58 AM
More Hippocracy, Greed and Corruption - by Ringo - 06-01-2015, 10:14 AM
More Hippocracy, Greed and Corruption - by Ringo - 06-01-2015, 03:51 PM
More Hippocracy, Greed and Corruption - by Ringo - 06-02-2015, 05:08 PM
More Hippocracy, Greed and Corruption - by wrong_box - 06-02-2015, 05:32 PM



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