Employees represented by a union are paid approximately 40% more (in terms of pay and benefit costs) compared to employees not represented by a union. From the organization’s point of view, unionization and higher labor costs may lead to lower investment in research and development or higher prices of products and services. Research compensation for unionized and non-unionized employees and write a 4–6 page paper in the format described below.

In your paper, address the following:

• Describe the role of benefits in employee compensation, along with a general review of the typical components of an employee benefit package.
• Analyze and explain how an organization whose employees are represented by a union can remain competitive against an organization whose employees are not represented by a union.