Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less
Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less
The worst kept secret is that employees are making less on average every year.
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I wonder how this looks when compared to a decent union shop. In union shops you probably tend to not move jobs a lot, or like in some trades you take your union creds with you no matter where you work.
You certainly can increase pay by jumping around a lot in regular work, but union gigs tend to have set progression based on seniority.
Unions periodically renegotiate their salary and benefits through broad company-wide contracts, so its not just a single small bean asking to be paid a bit more. Its an entire department or firm demanding a bigger percentage of the gross revenue.
Seniority solves a lot of the "how much money do I even ask for?" questions when renegotiating salaries. It also establishes a clear-cut cost of living track. You know what you'll be making in five years, so you can buy a house or get married or have kids with some underlying expectation of how much you'll earn when your cost of living goes up.
Well, yes…I’ve been union for decades so I’m quite familiar. This comment is helpful to summarize for some people a bit of how unions do things, but when I originally commented it was more a question about how the two compared as far as earnings. Do you have to constantly jump around non-union jobs to keep up with union wages? Will the mobile employee outpace union wages? At what rate? Overall lifetime earnings? My understanding is that union gigs for comparable jobs may not offer high pay off the bat, but over a lifetime often do better than non-union with wages, benefits, and retirement. However, some normal jobs will allow you to jump right in to good pay relative to a union gig but you may not advance much in pay or have to leave to advance.