Meaning Of Trade Union, Role Of UFBU And Legality Of Strike

Contributed By Sri Kamlesh Chaturvedi

We Bankers is committed to devote efforts for bringing reforms and revolutionary changes in the system Trade Unions in Banking Industry operate and their style of functioning with a view to strengthen the trade union movement. It has been noticed and observed that it is because of ignorance on the part of bankers with regard to their rights and powers as Members of the Union that a group of 10-15 persons has become so powerful in the name of UFBU that these persons think of them as destiny makers of bankers. With a view to create awareness amongst bankers of knowing the entire system under which unions are operating as also knowing their powers and rights, we have decided to concentrate on imparting knowledge to bankers.

 

What is Trade Union?

A trade union is an organization of workers who have come together to achieve common goals such as protecting the integrity of its trade, achieving higher pay and benefits such as health care and retirement, increasing the number of employees an employer assigns to complete the work, safety standards, and better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts (collective bargaining) with employers. The most common purpose of these associations or unions is "maintaining or improving the conditions of their employment". This may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies.

Which Law Governs the Trade Unions in India?

Broadly speaking there are two Acts which govern trade unions in India. While Trade Union Act, 1926 contains provisions with regard to   the grievance of their members and provides machinery for resolution registration of TRADE Unions and in certain respects to define the law relating to registered Trade Unions; it’s the Industrial Disputes Act, 1947 which contains rights and powers of the Trade Unions in ventilating the grievances of their members and provides machinery for resolution of disputes between employers and their workers and between workmen and workmen.

 

System under which Trade Unions in Banks operate:

Bankwise Unions

(1)   When you join banking services, trade union workers provide you a form to fill which contains name of the Union as also Account of the Union in which fixed monthly membership subscription from your salary is to be credited. Legally and for all practical purposes you are member of the union mentioned in the membership form which you filled and handed over to union workers. There are several unions in banking industry. So there may be more than one union at your branch or workplace but you will be regarded as member of that union in whose favor you have given authority by filling up the form.

If You are interested to read full article on Trade Union please click on following link

Role and Responsibility of Trade Union

If You are interested to read full article on Role of UFBU please click on following link

Role and Responsbility of United Front of Bank Unions

If You are interested to read full article on legality of Proposed Strike in Bank please click on following link

Legality of Bank Strike Proposed In November 2014