> It’s also worth noting that this cost isn’t taken by the employer, but by the employee. As they all have collective contracts, the wages fleeced by low produc

> It’s also worth noting that this cost isn’t taken by the employer, but by the employee. As they all have collective contracts, the wages fleeced by low productivity employees are simply made up by higher productivity employees. That's based on the assumption that the total sum of wages is fixed, which is clearly not the case. Higher collective negotiating power means that employees on the whole may get a larger share of the proceeds, leaving less to the employer/owners/investors. Of course unionisation may affect productivity as well, either up or down, so revenue will be affected, too.