Unionization on the Rise: What Boards Should Know

After a long decline, unions are back in the spotlight. This renewed interest can be credited to a surge in labor organizing at high-profile companies such as Amazon, Starbucks, and Apple—companies and industries where unions have had little success organizing in the past.

With a tight job market, a pro-union president, public support at an all-time high, and employees having the upper hand following a turbulent three years living through a pandemic, a resurgence of unions should not be a surprise.

As many companies are struggling to find qualified employees, retaining current staff and ensuring their loyalty has become a high priority. The threat of unionization, traditionally opposed by management and boards, further complicates the picture.

Companies and boards should consider the implications of labor organizing on their business and assess possible shifts in employee satisfaction and sentiments about unionization.