Tuesday, December 29, 2009

TRADE UNIONS AND SUBSISTENCE EARNING -TRAP





Union is a beautiful word which entails harmony with it, but this is true of a WHOLE only. And, when there is more than one union within a whole the situation becomes aggravating and prone to conflicts. This is also of true modern business-organizations. Fairly, a sense of belonging and recognition of mutually inter-dependent interests is needed to make the unions worthwhile and successful. And, that demands inclusion of the authority figures to see, understand, and, feel the hardships an average laborer undergoes during his tenure. It is the limited conscious on the part the authorities deciding the trade-off issues is what make them insensitive and this factor is determined by forces out-side the organization. This insensitivity calls for tools to explore the cases of betterment within the resources willingly and, if not, can be developed through practice. For example, the authorities deciding the compensations should do a sample-survey in person to bridge the gap between the actual and the desired. This will help crop-up sensitivity which when absent is responsible of ir-rational demands, from all sides. It may lack the on other side as-well which demands the tools to make less-privileged understand the comparative performance of the business, compassionately, to contrast it with their demands. This is not easy to achieve and cultivating mutual-trust will take time and effort in the right direction. Both sides will have to win the trust needed from each-other to work in conjunction.




But, again, the well-being of just only one organization can not store all the confidence needed for a scale the writer is talking about. Actually, the subsistence-earning works in a similar way as the well-known concept of liquidity-trap in the sense that it is also a kind of trap which requires the same level of effort if not more to tread on a path of growth and prosperity. What is required is a similar institution for labor working on the same line as the Reserve Bank of India, if i’am not absurd, i think am not. And, in the time to come it will playa significant role in deciding the health of the Indian Economy by controlling the consumption of a billion people economy, by deciding the incomes of all under one hand.

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