Trade union is another name for labor union is an association of workers that was organized to work for the betterment of the workers. Union such as this negotiates with employers on behalf of the workers. The negotiation is all about the policies, worker benefits, wages, and working rules etc. Then the trade union comes to the agreement which groups a perfect working relationship between the workers and the employer. Unions came into existence in 18th century and its still working as a big force.
Trade unions have a lot of roles and objectives through which it negotiates and bands both the working and employing party. The attributes are as follows
Terms of reimbursement to all the members - many unions ensure assistance in case of unemployment, old age, ailing health, and funeral expenditures. Labor unions in developed countries provides legal advices, professional training to their members.
Collective bargain - These is one of the chief attribute rather functionality of the labor unions. These features status that every labor union should function freely and should be identified by employers. They can negotiate with owners over policies, wages etc.
Industrial functionality - Unions can go for strikes and can enforce lookouts to accomplish a righteous goal.
Political actions - Unions have the power to encourage legislative approving for the importance of the members or workers. They may offer every political action so as to support candidates. One of the major examples of such attribute is the labor party in Britain.
These were the extensive features of such organization. Trade unions are present in every country. Every factory where a lot of labors work for their livelihood needs a body which should have the power to work for the interest of every worker. So, it is very essential to have a body which works for the welfare of the workers.
There is a lot of history behind the formation of aTrade Union. Click here to know more aboutTrade Union