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Trade Union Advantages And Disadvantages Essay

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A labour market is a place where workers and employees are able to interact with each other. In the labour market, employers compete to hire the best labour as the workers compete for the best satisfying job. The market functions with demand and supply of labour, where the demand is the firm’s demand for labour and supply is the worker’s supply of labour. The supply and demand of labour in the market are influenced by the changes in the dealings qualification (bargaining power), such as trade unions, minimum wages, etc. Trade Unions are organizations of workers that seek through collective bargaining with employers to protect and improve the real incomes of their members, provide job security, protect workers against unfair dismissal and provide a range of other work-related services including support for people claiming compensation for injuries sustained in a job.
Main roles of trade unions are protecting and improving the real living standards of their members, protecting workers against unfair dismissal (employment rights), promoting improvements in working conditions, workload & health and safety issues, workplace training and education, accumulation of human capital, protection of pension rights for union members. Examples of a trade union to be …show more content…

Such as performance and expenses in the long run. Critics say that the employees are ones who will suffer are these organizations will often be demanding for membership dues. Despite their reluctance, they have no choice but to be a part of these unrests since they are union members. Another one of the criticisms thrown at labor unions is the effect on employees’ performance. Although these organizations can influence workers’ productivity by way of getting higher salaries, labor unions can also demand union members to stop carrying their tasks, which would curtail production and affect the consumers

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