There are few contemporary studies on the finances of unions. Indeed, little research exists on the internal operations of unions in the U.S. This book provides a comprehensive analysis of the financial resources and performance of the largest national unions. It discusses the theoretical and practical relevance of the topic, which goes directly to the formation, maintenance, and potential advancement of labor organizations. Financial capacity and performance create incentives for unions to mobilize at the grassroots level and launch major drives to improve their position in society. Understanding how unions raise and spend money provides insight as to their administrative orientation and organizational capacity. Given its topical breadth and depth, the book stands apart from the extant literature on unions in society. It is unique in the range of financial information presented, how data are analyzed, and its treatment of such important matters as compensation and benefits; operating budgets; political activism as measured by expenditures from treasury-based funds and political mechanisms funded by members through voluntary donations. The authors show not only the scope of union financial wherewithal and how it varies across labor organizations but also how such indicators compare to corporate entities who employ the rank-and-file. The book provides a wealth of information on how to analyze the finances of unions and to use this information to prepare for collective bargaining and other aspects of labor-management relations. It informs employers and other observers about how unions are able to represent members and their ability to withstand strikes.

This book analyzes the multi-faceted scandal that has tarnished the reputation of the United Auto Workers (UAW), an iconic union revered for its commitment to union democracy and ethical practices, showing what went wrong to lead the spread of corruption and how to remedy it. Masters and Goeddeke provide a historical context of the rise and decline of the UAW, leading to "a culture of corruption" and resulting in the indictment or conviction of 15 union and corporate officials for the misuse of tens of millions of dollars. The book evaluates the various proposed reforms of the UAW's financial practices and ethical standards, including the possibility of a government takeover. It raises questions about the wisdom of such a takeover, based on the problems associated with the government takeover of the Teamsters. The authors recommend that the UAW convene a special constitutional convention to consider reforms in governance and hiring practices. Providing a clear depiction of this scandal and the UAW's systemic flaws, and suggesting potential remedies, this book will appeal to the tens of thousands of union officers and members keenly interested in the state of labor and an iconic union, their corporate counterparts in management, academics, students, and journalists in the fields of business and society, employee relations, law, labor relations, and management.

This book analyzes the multi-faceted scandal that has tarnished the reputation of the United Auto Workers (UAW), an iconic union revered for its commitment to union democracy and ethical practices, showing what went wrong to lead the spread of corruption and how to remedy it. Masters and Goeddeke provide a historical context of the rise and decline of the UAW, leading to "a culture of corruption" and resulting in the indictment or conviction of 15 union and corporate officials for the misuse of tens of millions of dollars. The book evaluates the various proposed reforms of the UAW's financial practices and ethical standards, including the possibility of a government takeover. It raises questions about the wisdom of such a takeover, based on the problems associated with the government takeover of the Teamsters. The authors recommend that the UAW convene a special constitutional convention to consider reforms in governance and hiring practices. Providing a clear depiction of this scandal and the UAW's systemic flaws, and suggesting potential remedies, this book will appeal to the tens of thousands of union officers and members keenly interested in the state of labor and an iconic union, their corporate counterparts in management, academics, students, and journalists in the fields of business and society, employee relations, law, labor relations, and management.