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Union dues. Union dues are regular payments made by workers which grant membership of a trade union. [1] Dues fund the provision of union services such as representation in collective bargaining and education activities. Nearly all unions require their members to pay dues.
In labor law, a union shop, also known as a post-entry closed shop, is a form of a union security clause. Under this, the employer agrees to either only hire labor union members or to require that any new employees who are not already union members become members within a certain amount of time. [ 1] Use of the union shop varies widely from ...
Open shop means a factory, office, or other business establishment in which a union, chosen by a majority of the employees, acts as representative of all the employees in making agreements with the employer, but union membership is not a condition of being hired. Unions have argued against the open shop adopted by United States employers in the ...
A union membership dues paid to a 501(c)(5) organization are generally an ordinary and necessary business expense. [75] The membership dues are tax-deductible in full unless a substantial part of the 501(c)(5) organization's activities consists of political activity, in which case a tax deduction is allowed only for the portion of membership ...
A trade union ( British English) or labor union ( American English ), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, [ 1] such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint ...
Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the ...
Union wage premium. The union wage premium refers to the degree to which wages for union members exceed those for otherwise similar non-unionized workers. Union wage premiums are one of the most researched and analyzed issues in labor economics. [1] The modern scholarly consensus is that unions tend to be associated with higher wages, greater ...
Union density. The union density or union membership rate conveys the number of trade union members who are employees as a percentage of the total number of employees in a given industry or country. [ 1] This is normally lower than collective agreement coverage rate, which refers to all people whose terms of work are collectively negotiated.