Managing and mitigating the needs of pension management plan stakeholders can be challenging when those stakeholders are large, intractable, and have very different needs. Such is the case when it comes to engaging in best practices with unions in creating pension plans that are sustainable for modern businesses and organizations.
In this paper, we will explore understanding the business of managing union relationships with pensions in mind, and developing shared knowledge strategies well before pension negotiations take place. Based on evidence from real life case studies, we’ll discuss how to adapt and thrive in the shifting expectations and standards of future workplaces, and how input gained from people, no matter what faction they favour, leads to practical, people-based solutions.