A trade union, also known as a labor union, is an organization formed by workers in a particular industry, trade, or occupation to protect and promote their interests and rights in the workplace. It acts as the representative of the workers, negotiating with the employers on issues such as wages, working conditions, benefits, and job security. Trade unions aim to improve the economic and social well-being of their members through collective bargaining with management. They may also provide various services to their members, including legal representation, training, and support in grievances or disputes.
In business studies, a trade union refers to an organization or association formed by workers or employees to protect their rights and promote their interests in the workplace. Trade unions aim to negotiate with employers on behalf of employees to secure better working conditions, wages, benefits, and job security. They typically work to improve pay, working hours, health and safety standards, and ensure fair treatment for their members. Trade unions may also provide support and representation in resolving disputes and conflicts between employees and employers.
