MANAGEMENT

Detailed explanation-1: -The aim of such activities is to ensure adequate wages, secure better conditions of work and employment, get better treatment from employers, etc.

Detailed explanation-2: -One of a trade union’s main aims is to protect and advance the interests of its members in the workplace. Most trade unions are independent of any employer. However, trade unions try to develop close working relationships with employers.

Detailed explanation-3: -The typical activities of trade unions include providing assistance and services to their members, collectively bargaining for better pay and conditions for all workers, working to improve the quality of public services, political campaigning and industrial action.

Detailed explanation-4: -Trade unions maintain and improve workers’ terms and conditions through bargaining with employers. Workers organized in trade unions benefit from higher wages-the so-called union wage premium. Union bargaining also results in a fringe benefits premium for covered workers. Trade unions reduce wage inequality.