Unions are organizations of employees that are authorized to represent the
employees before management for the purpose of negotiating benefits. That is,
instead of each individual employee being judged by management on his or her
merits when it comes to the amount of pay, the union bosses represent all the
employees at the same time and negotiate levels of pay that apply to everyone.

Advantages

Ineased Wages and Benefits

Job protection

Higher production costs

Flexibility in the workplace

Increased teamwork

Disadvantages

Stress in the workplace

Consumer costs

Cost to employees

Potential to strike