Reasons/arguments trade unions put forward/advance when demanding for higher wages
- Rising cost of living. Workers agitate for higher wages so as to cope with rising cost of living.
- In case of failure to pay the minimum wage. When the employer refuses to pay wages set by government, workers agitate for that wage set to avoid exploitation.
- When there is failure to implement the earlier wage increment agreed upon by the employer, the workers agitate for higher wage again.
- When there a low labour supply. When the demand for service or demand for worker exceeds the existing supply of workers, they demand for higher wages
- When there is an increase in wages to workers of similar jobs in other firms.
- When the job is risky such as mining, workers demand for higher wages.
- In case of increased workload without wage adjustments, workers ask for higher wages
- Then there is When workers are feel exploited, they will agitate for higher wages.
- Increased profitability. When the profit margin of the firm rises, all workers call for an increase in wages so as to benefit.
- In case of improved productivity. Workers demand for higher wages when their output level (output per unit of labour employed) has increased.
In case of an increase in demand of for products; the worker demand for higher wages
CATEGORIES Economics
TAGS Dr. Bbosa Science