RobWDW1971
Well-Known Member
Problem solved for now. Glad you can finally agree that union action, corporate pressure and government actions are all part of the market response.
Of course they are and employees are always able to unionize and try to demand better wages. And now these union members have approved their new pay and would have nobody to blame but themselves (or their unions/coworkers if they voted against it). And Disney has agreed that these jobs are worth this pay or they would have taken the strike to fight against it. Disney is also able to reduce employees through automation, reduced shifts, and outsource jobs to non-union companies when able within the contract.
The question of labor value in the market is not changed. If you are a person who takes a union job then you are signing up for fixed pay based on role/seniority, no unlimited upside based on your potential, work ethic, or skills, a fixed set of rules/positions/pay for your advancement, etc. This is balanced against making it more difficult to be terminated for poor performance, having established rules/benefits/recourse, etc.
I was a union member earlier in my career and when it became clear to me that I was making exactly what the worst employee was making and always would, I realized I'd rather take the risk in the marketplace and be paid based on my skills, output, and potential. That comes with risk, but I'll take my chances in the free market any day.