The Union Wage Premium in 2011
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Transcript of The Union Wage Premium in 2011
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Union Membership and EarningsABS 6310.0
By PresenterMedia.com
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•Published annually by the ABS
•Data taken in August 2010 was released in early May 2011
Wages and Earnings Survey
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Wages and Earnings Survey
• Union membership declined from August 2009 – August 2010
• Currently 18% of the workforce are union members
- Union membership
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Wages and Earnings Survey
• Teaching is the most unionised profession, at 39%
• Agriculture is the least, at 2%
- Union membership
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Wages and Earnings Survey
• The survey breaks people into fourteen groups from highest to lowest paid
• In the lowest paid group, 6% are union members
• In the second- and third- lowest, 9% are union members
- Union membership and Income level
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Wages and Earnings Survey
• In the second- and third- highest paid group, 26% are union members
• The very highest paid group (which includes executives and CEOs!) still includes 18% union members
- Union membership and Income level
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Wages and Earnings Survey
• 25% of non members had no paid leave entitlement
• 8% of members had no paid leave entitlement
- Leave entitlements
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Wages and Earnings Survey
• 10% of non members had no paid superannuation
• 2% of members had no paid superannuation
- Superannuation entitlement
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A Comparison between two StatesSource: BusinessWeek, 30 April 2011
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Two-state Comparison
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California:
• 85%
Two-state Comparison- Number of public employees who are union members
Texas:
• 10% (at most)
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California:
• $55,941
Two-state Comparison- Average public employee salary
Texas:
• $44,666
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California:
• 32% increase
Two-state Comparison- Increase in public sector retirement pensions in last 5 years
Texas:
• 4% increase
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A small investment in union membership gives you leverage for:
• Higher wages
• Paid leave
• Retirement savings
The moral of the story
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Sources: ABS Catalogue 6310.0
Seriously, You’d Rather Work in California,
BusinessWeek 30 April 2011