TRADE UNION

Click to edit Master subtitle style

Suman Adhikari MBA

3/12/13

Trade Union

3/12/13

Voluntary organization of employees or employer s. Promote and protect their interest through collective action Though the term employees and employers are used when we say trade unions they generally refer to employees

Why do employees join Unions?

3/12/13

Dissatisfaction Lack of power Union instrumentality

3/12/13

Features of Trade Unions

Trade union may be an association either of employees or employers or of independent workers Trades unions are relatively permanent combinations of workers Trade union is an association of workers who are engaged in securing economic benefits for their members Character of trade unions has been constantly changing

3/12/13

Objectives of Trade Union

Representation Negotiation Voice in decision affecting workers Member services

education and training legal assistance Financial discounts Welfare benefits

3/12/13

Theories of Trade Union

Revolution Theory Non-revolution OR Industrial Democracy theory Business theory Socio-Psychological Theory

3/12/13

Revolution Theory

Propounded by Marx and Hegels According to it, instruments of production must belong to workers Trade Union are preparations for a revolution in which capatalist must be destroyed Workers must take over industry and government But events in USSR couldnot lead support to the theory

3/12/13

Industrial Democracy Theory

Put forth by Sidney and Beatrice Webb It suggest that throughUnions, the workers protect themselves from the power and influence of owners All rules and regulations are developed in order to protect the rights of labour

3/12/13

Business theory

Put forth by Samuel Gompers Emphasized that the primary objective of unions was to protect the economic interest of workers Gompers viewed union as the labours collective voice in the industrial world ..he wanted to partner with business to promote higher wages and higher profits He viewed unions as the labour component of a business operation , neither superior nor inferior to the management component , but just as

3/12/13

Socio-Psychological theory

Workers join union to meet their socio-psychological needs like physiological,security,companionship etc

3/12/13

Thank-You