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Union Formation (Industrial Relations (Industrial Relations Act,…
Union Formation
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Objectives
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improve employment conditions, economic & social status of workers
collectively bargain & negotiate wages, hours and working conditions
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increase productivity for benefit of workmen, employers and the economy of Singapore
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Union
association of workers or employers whose main aim is to regulate relations between employers and workmen, protect members’ interests and improve wages, hours and working conditions.
Advantages
- Higher wages
- representation
- grievance handling
- smooth negotiations
- staff satisfaction
- lower turnover rate
- facilitation of change
Disadvantages
- unemployment
- non-union not covered
- decreased productivity
- wage inflation