Thursday, 5 August 2021

Union Math

Update on Union Strikes:

If you are striking for a 1% or even 3 % raise, and you strike for a month - that is 1 month of lost income. 

Say, after the month you finally get this raise. 

That means you lost ~8% of income striking for a 1%-3% raise for lets say, the next 3 yrs. 

Conclusion: you at the most will really break even like you never had a raise to begin with or you come out with a loss. 

Ever question where that Loss goes to.....? Union and Employer. Who really benefits?

Ta-da. 

OH wait - if you are in a Union, you cannot ask for more than a 1% raise.


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