strike fund
Workers' emergency savings
A strike fund is money set aside by a labor union to support workers during a work stoppage.
Because striking employees forgo their regular wages, the fund provides financial assistance to help them cover basic expenses while they withhold their labor.
Unions typically build these reserves through member dues collected during non-strike periods.
The union's strike fund was large enough to sustain members for several months.
- walkoutProtest by leaving
- walking offDeparting on foot
- war chestAccumulated resources for conflict
- mutual aidCooperative community support
- picket lineProtesting workers' boundary
dues · work stoppage · collective bargaining · contract negotiations · membership · labor movement · labor dispute · hardship · arbitration · boycott · sit-in · severance pay · union · unemployment benefits · negotiation table · financial reserves · mediation · conciliation
- fundsfunds, endowment, ETF, seed money, startup funds
- labor actionswalkout, picket, picket line, picketing, work stoppage
- labor disputesstrikes, walkout, walkouts, labor disputes, labor dispute
- labor relationslabor relations, labor disputes, collective agreement, union elections, bargaining
- labor strikeswalkouts, walkout, picket lines, pickets, picket line
- labor unionsunion dues, trade union, union membership, labor union, union shops
strike fundsalary
Fixed periodic employment payment
paycheck · earned income · take-home pay · hourly wages · base pay