A Manchester NH business is in the middle of a contract nego

A Manchester, NH business is in the middle of a contract negotiation. The current pay rate for employees in the unit is $8.00 per hour and the union is seeking a $.50 increase per hour. The company has 35 employees in the bargaining unit and 7 employees in management. Management has come back to the table saying they cannot support such an increase and is seeking a wage freeze. As a representative on the labor bargaining team, what information, research, and data would you examine in preparing your defense? The only issue being discussed is the wage section. The company has provided the union with fiscal statements and budget outlines, which the union does not think are accurate. Where would look for information outside of the company? How would this information help you prepare your case?

Solution

In order to put up the case for defense, I will seek following data:

The above data will be very crucial to put forth the case that wage rate should be increased. The benchmarking and comparison in the industry helps to support the requirement. Also, the company financial report will help to know the position and how is the growth which can support wage increase.

To cross check the fiscal statement, the company\'s annual report is published and is available online also. The data can be cross checked for accuracy and consistency. There are online portals which can easily provide the company\'s APR (Annual Performance Report). This data will also help to substantiate the findings and support the requirement for wage increase.