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Impact of Trade Union on the Performance of Organization

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Chapter 1 1.1 Introduction: Being the biggest contributor to the country's foreign exchange- around 76 percent- and employing around 2.2 million people, 80 percent of them women, the importance of nurturing a sector as vibrant and thriving as the garments industry, cannot be emphasized enough. With export of Ready Made Garments (RMG) reaching 9.2 billion in 2007 and predictions of it rising to 12 billion or more in the next two years, it is obvious that the industry is growing at an exponential speed. Greater demand for our garments abroad indicates the improvement in quality of the products as well as greater customer confidence, which translates to further expansion of the industry, more employment, more consumers in the domestic …show more content…

• The workers are further interested in good working conditions with maximum attention on welfare activities and perquisites or fringe benefits, limited working hours which may save them from fatigue and exhaustion, weekly rests, bonus, parity with rise in consumer price living index and old age security provisions. 2.1.3 Labour Legislation and its Growth in Bangladesh: Labour laws have not only existed and developed in modern world but they were also prevalent in ancient time. They have changed from time to time according to the needs for betterment and upliftment of labour class. The Traditional management has been replaced by professional management in industries. The growth and development of Modern Labour Laws is a part of the Industrial Jurisprudence. The history of growth of modern labour legislation may be divided into the following periods. • The beginning of Modern Labour Laws (1830-1918). • Labour Legislation between the two world wars i.e., (1919-1942). • Labour Legislation between 1942 and 1947. • Labour Legislation after independence, between 1947 and 1971. • Labour Legislation after 1971 • Formation of Labor Law 2006 • New Labor Law 2010. 2.2 Trade Union in the Labor Law

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