WikiInfo: What Is Trade Union
A Trade Union (Labour union) is a continuous association of wage-earners for the purpose of maintaining or improving the conditions of their employment."
Over the last three hundred years, trade unions have developed into a number of forms, influenced by differing political and economic regimes. The immediate objectives and activities of trade unions vary, but may include:
- Provision of benefits to members: Early trade unions, like Friendly Societies, often provided a range of benefits to insure members against unemployment, ill health, old age and funeral expenses. In many developed countries, these functions have been assumed by the state; however, the provision of professional training, legal advice, and representation for members is still an important benefit of trade union membership.
- Collective bargaining: Where trade unions are able to operate openly and are recognised by employers, they may negotiate with employers over wages and working conditions.
- Industrial action: Trade unions may organize strikes or resistance to lockouts in furtherance of particular goals.
- Political activity: Trade unions may promote legislation favourable to the interests of their members or workers as a whole. To this end they may pursue campaigns, undertake lobbying, or financially support individual candidates or parties (such as the Labour Party in Britain) for public office.