Should labor unions be strengthened or abolished

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Assignment:

1. According to Statista and other sources, the United States topped the list for the country with the highest gap between CEO and worker pay. In that year, for every U.S. dollar an average worker received, the average CEO earned 265 U.S. dollars. In Canada, this figure was $149, and in Denmark it was $44. Now, consider the Country Happiness Index that can be accessed here Please synthesize these data points and share your conclusions.

2. Should labor unions be strengthened or abolished? Consider these questions from the perspective of your individual negotiating leverage.

a) Should we consider replacing the current adversarial relationship between labor and management with a more participatory arrangement? Is the "management by fear" an effective managerial tool? For example, in Germany the average work week is 35 hours, unions have a Board seat, the minimum leave time is of 20-30 hours, there is an extensive maternity and paternity leave, and the "employment at will" is not the the prevailing employment arrangement. Yet, Germany is one of the most productive country in the world.

Reference no: EM133353890

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