Everything you need to know about the objectives of trade union. A trade union is a formal form of association of workers that promotes the harmonious relationship between employer and employees. As per Sydney and Beatrice Webb's "a trade union is a continuous association of wage earners for the purpose of maintaining and improving the conditions of their working lives". [...]
Everything you need to know about workers’ participation in management. Workers participation in management indicates involvement of workers in managerial decision making process of the organization. Workers participate in decision making through their group representative. The nature and extent of workers participation in management depends upon the nature of the organization, nature of different problems that requires settlement. The concept [...]
The following article will guide you about the extent to which trade unions are capable of increasing wages for the workers of a particular industry. Trade (labour) unions are organisations of employees established to bargain with employers concerning wages, houses and conditions of employment. Unions are democratic institution whose central purpose is improving the economic conditions of their members. Unions [...]