XXXXXX Student Number: XXXXXX Subject: XXXXXX Subject Code: XXXXXX XXXXX University of XXXXXXX XX – XX – 2011 Unionization in Insurance Industry – USAA The insurance industry is not one with high levels of unionization and the industry has been able to effectively keep a major curb on the overall possibilities of unionization within the industry…
Now only around 16% of the overall labour forces across industries tend to be unionised (Lawler). The insurance industry, in the year 2008, only around 3% of the insurance workers are part of union contracts in comparison to over 14% of the employees in the private industry (Statistics). Considering the above statistics, it is evident that unionisation is not wide spread within the industry and here the overall impact of unions is relatively low. In the case of USAA, the company does not face any issues of unionization and hence there is a smoother and effective decision making process as a whole. USAA to a great extent has proved to be among the few companies which are independent and not interdependent as most insurance companies. The trends in the industry have little or no impact on USAA (Lawler). The company has been able to effectively work towards developing and improvising its products and overall position in the markets with a competitive edge that the company is focused on the military people and their families. USAA is impacted by a few of the federal government legislations and this impact the overall insurance industry and the daily procedures and practices. ...
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