Glossary
Labor Union
Meaning & Definition
A labor union is a type of organization of workers who act as representatives for the benefit of the workers. They discuss issues like salaries, conditions of employment, and other issues with their employer, such as disputes. Labor unions have a very important place in industrial relations because they provide a link between employees and management.
Importance of Labor Union
- Represent employees on work issues.
- Conduct collective bargaining negotiations.
- Helps in the protection of employees’ interests.
- Helps to solve disputes and promote industrial peace.
- Ensures good working conditions and employee welfare.
Compliance Guide
The main law in India that governs the functioning of labor unions is the Trade Unions Act, 1926. This Act recognizes trade unions and their registration under the Indian Labour Laws. Employers have to conform to the Industrial Relations laws while interacting with the trade unions.