Business readiness

Trade Unions

What are Trade Unions?

A trade unions list specifies the employee unions formed or joined by your employees with the goal of protecting their common interests and resolving disputes related to working environment, payroll and social benefits.

A trade unions list provides information on the labor union membership of your employees, including:

  • Name of each union and contact details
  • Names and numbers of employees in each union
  • Jurisdiction of each union and their independence and affiliations

It also contains details of the nature and frequency of any industrial actions such as strikes or protests, dates of disputes and time and methods to resolve them.

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Why are Trade Unions important for business today?

A trade unions list enables your company to:

  • Identify the trade unions operating with an interest in your company, their members and jurisdiction focus
  • Contact union leaders directly to initiate dispute resolution negotiations
  • Evaluate the bargaining power, negotiation processes and authority of each union
  • Assess the frequency and nature of disputes with trade unions across jurisdictions
  • Evaluate the interest areas of each trade union such as pay scales, working hours, leave policy, health safety and job security

Why is Trade Unions important for an event tomorrow?

A trade unions list is important for an event tomorrow, as it helps potential investors to:

  • Identify the unions operating across each jurisdiction
  • Evaluate the grievances highlighted by each trade union and your company’s response
  • Assess your company’s capability to manage and negotiate with various trade unions
  • Ascertain the number of employees who are members of trade unions
  • Evaluate the bargaining power, control and authority of each union
  • Assess the nature of union demands and the potential implications on your business operations
  • Understand the relationships between your company and employees

Pros of addressing Trade Unions

  • Facilitate the formulation and implementation of negotiation processes to work with unions and manage any disputes
  • Improve employee satisfaction by resolving the needs and demands highlighted by trade unions
  • Resolve disputes more efficiently, with limited impact on productivity
  • Assess the impact of an ongoing dispute on your company’s performance and formulate strategies to mitigate future disagreements
  • Consistency in employee rewards and recognition across jurisdictions or similar policies

Cons of not addressing this topic

  • Unresolved disputes may impact negatively on the financial performance of your company if they lead to industrial action
  • Greater difficulty in managing employees’ grievances and disputes with trade unions
  • Lack of understanding of trade union policies and methods of dispute resolution

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