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Economics IGCSEPDF 63
118 pagesrevision 46932
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Definitions
Trade Union (Labour Union): An
organised association of workers in a trade
or profession formed to protect and further
their rights and interests, especially
concerning pay and working conditions.
Collective Bargaining: The process of
negotiation over wages and working
conditions between trade union
representatives and the employer (or
employers' association).
Industrial Action: Various disruptive
measures taken by a trade union to put
pressure on an employer during a dispute.
Strike: A form of industrial action where
workers refuse to work and often picket the
workplace, halting production.
Go-Slow (Work-to-Rule): Industrial action
where workers deliberately work at a
slower pace (go-slow) or adhere strictly to
every rule, thus reducing productivity.
Roles and Functions of Trade
Unions
Factors Influencing Trade Union
Strength
The bargaining power of a trade union
determines its ability to achieve its goals.
The primary goal is to promote and protect
the interests of their members.
● Negotiate Pay and Benefits: Use
collective bargaining to secure a
higher wage rate and better
non-wage benefits (e.g., better
pensions, longer holidays).
● Improve Working Conditions:
Campaign for better health and and
safety, more reasonable working
hours, and fair treatment.
Legal Protection and
Representation: Defend employees
against unfair dismissal,
discrimination, and exploitation in
the workplace.
Training and Education: Push for
or provide training schemes to
improve members' skills and job
prospects.
●
●
● Provide Benefits: Offer support to
members such as legal aid, or strike
pay during industrial action.