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.
Adidas was registered on 18 August 1949 by Adolf Dassler, following a family feud at the GebrÃ¼der Dassler Schuhfabrik company between him and his older brother Rudolf. Rudolf had earlier established Puma, which quickly became the business rival of Adidas and is also headquartered in Herzogenaurach. The company's clothing and shoe designs typically feature three parallel bars, and the same motif is incorporated into Adidas's current official logo.