Trade Unionism and Compensation Dynamics: A Research Overview
DOI:
https://doi.org/10.12725/ujbm.43.1Keywords:
Iron Law Wages, Trade Union, Spill-Over Effect, Wage, Salary PoliciesAbstract
Over the years, government’s enacted laws and enunciated policies to provide for decent work life, guarantee minimum wages, cushion against rise in cost of living, ensure equal remuneration and deter employers from making unfair and arbitrary deductions from wages has led to a change in the impact trade unions had on wage determination. The present article discusses different aspects of trade union’s role in wage and salary administration in terms of choices and options for trade unions, unions’ impact on general wage levels, unions’ impact in terms of spill-over effect, role of trade unions in wage and salary policies and practices and so on.
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