Labor Unions

Labor Unions
Brief Excerpt from Industry Overview Chapter:

Establishments in this industry represent members in employment contract negotiations and provide workplace support. Major organizations in the US include the American Federation of State, County and Municipal Employees; the International Brotherhood of Teamsters; the National Education Association; and the Service Employees International Union. Outside the US, major organizations include the All-China Federation of Trade Unions, the Congress of South African Trade Unions, and France's General Confederation of Labor

COMPETITIVE LANDSCAPE

Business and job growth drive demand. The profitability of individual organizations depends on ability to expand membership. Large unions have stronger bargaining power and advantages in marketing and finance. Small unions can succeed by serving a local market or individuals in specialized industries or professions.

PRODUCTS, OPERATIONS & TECHNOLOGY

The majority of revenue comes from member dues, with memberships accounting for 30% and business & professional association membership at 30% as well. Unions also generate revenue from program services (more than 20%) and job training programs (more than 10%). Other sources of revenues also come from trading securities and commodity contracts as well as private contributions.