Thus, a variety of sources show a union wage premium of between 15% and 20%. Since unions have a greater impact on benefits than wages (see Freeman 1981), estimates of the union premium for wages alone are less than estimates of the union premium for all compensation (wages and benefits combined). That is, estimates of just the wage premium understate the full impact of unions on workersâ pay.
Share. We love when fashion collides with seemingly non-related topics like history and politics. In today's chapter of hold-the-phone collisions we learn about the birth of sportswear companies Adidas and Puma, which began in WWII, and were founded by brothers Adolf (a.k.a. Adi) and Rudolf Dassler.
Mark King (54) has a long and successful track record with the adidas Group. Since 2003, Mark King has been CEO of TaylorMade-adidas Golf. Under his leadership, TaylorMadeâadidas Golf became the leading and most profitable golf company in the world. During this period, sales more than doubled from â¬ 637 million in 2003 to â¬ 1.285 billion in 2013.