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Question
Explain the objectives of trade unions.
Answer in Brief
Solution
- To secure for the workers fairer wages in light of the cost of living and the prevailing standards of living,
- To improve working conditions by securing shorter working hours, better leave facilities, adequate social security, better housing and education and other welfare benefits,
- To assure the workers a share in the increased profitability of the industry through payment of adequate bonuses,
- To ensure the security of employment by resisting retrenchment,
- To protect workers against exploitation and victimisation by the capitalists,
- To secure for workers a say in management and industrial democracy, thereby bringing about a new social order, and
- To protect the larger interest of society by assisting in the improvement of trade and industry.
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Objectives of Trade Unions
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