Trade Union



Trade Union is an association of workers formed for the purpose of improving the welfare of their members by negotiations. 
There are different measures which improve the welfare of members of trade unions. 
(1) Improving the pay
(2) Improving the working conditions.
(3) Protections from unfair dismissals
(4) right to compensation for injuries at work.
(5) Right to redundancy pay (payment for being out of job)
(6) Other social benefits
Trade union represents the member workers claims for negotiations. Negotiation (compromise) is done through process of collective bargaining.  The collective bargaining power is based on the ability to influence the supply of labour. Trade unions achieve their claim by restricting the supply of labour. 
Trade unions have strong relationship with the wage in the industry, and employment.  Assuming that there is no increase in productivity, trade unions will always try to enforce a minimum wage higher than the free market wage rate.   That is,   if there is no trade union, the free market low wage would employ more workers. In case, if most workers belong to a trade union, and they are able to restrict the supply of labour, they can succeed in enforcing a higher wage.      
The major grounds for claim for a higher pay are
(1)  An increase in the cost of living.
(2) An increase in the productivity of the firm or the industry.
(3) An increase in the profit of the firm or the industry.
(4) Comparing the wages given in the other industries.
 
Trade union influence the supply of labour by the following methods
(1) By restricting the entry to those who have apprenticeship
(2) By insisting that certain types of work can be done only by members.
(3) By operating a closed-shop protest
(4) By calling strike (unions generally obtain the majority members opinion before strike)
There are different types of trade unions they are
(1) Crafts union (such as electricians, painters, carpenters etc.)
(2)  General union (which include all unskilled and semi-skilled workers) 
(3) Industrial union (all workers of a particular industry such as transport, construction. etc.)
(4) White collar union (workers in service industries such as health, education, tourism etc.) 
Effects of Trade Union 
Calling a strike will have certain adverse consequences to firm, industry and to the whole economy. 
Strike of workers (like transport, communication etc.) disrupt the whole economic activities individuals and firms of other industries.
Delay in production will affect the delivery of goods to export which will badly affect the balance of payment position of the economy. 
The consequence of restricting the supply of labour is that, the members of the union who get the high wage, benefits at the cost of those who are unemployed because of restricting supply.   At the same time demand for labour may not fall if there in an increase in productivity or the union is able to increase the wage from the expense of firm’s profit. 
There are also some possible reasons for unemployment due to trade unions; Trade Union may raise wage costs for employers.  This higher wage costs may in turn encourage firms to use more capital intensive methods.  This may lead firms to lose revenue through industrial action (lost production/sales).
On the other hand trade union may cause to raise labour productivity through promoting training.  Trade union may reduce labour costs through collective bargaining and reducing conflicts.  Moreover trade unions may put pressure on the government to keep unemployment low. 
Since government is the largest employer, the approach to pay of its own workers has a significant impact on wage determination. Government can also influence pay in both the private and public sectors by passing legislation and by income policies. Government measures on trade unions reform will affect the bargaining power of the workers and thereby influence the wage rates.  Similarly government policy on education, training, housing and unemployment benefits will affect the mobility and supply of labour.  Changes in government policies such as public spending, taxation, rate of interest will alter the level of aggregate demand and there by the demand for labour.   
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