strike funds
Union war chest
Strike funds are pooled money set aside by labor unions to support workers during a strike.
Since striking workers forgo wages, the fund provides financial assistance to help them endure extended work stoppages: The union's strike fund could sustain members for three months.
Building adequate strike funds is essential to union bargaining power—employers know workers can hold out longer.
- picket linesBarriers formed by strikers
- crossing the lineExceeding acceptable boundaries
- lockoutsEmployer bars workforce entry
- war chestAccumulated resources for conflict
- rainy day fundMoney saved for emergencies
solidarity · support · mutual aid · financial support · cash · pay the bills · unity · collective bargaining · worker solidarity · hardship · donation · labor unions · trust · trade unions · union dues · labor movement · survival · holding out
- mutual aidteamwork, helping, sharing, lending, cooperation
- labor disputesstrikes, walkout, walkouts, labor disputes, labor dispute
- labor historyAFL-CIO, workers, labor movement, CIO, laborers
- labor negotiationssalary talks, wage negotiations, wage disputes, collective bargaining, union demands
- labor rightsworker rights, labor laws, union rights, employee rights, workplace rights
- labor strikeswalkouts, walkout, picket lines, pickets, picket line
worker financial security mechanism
strike fundsgolden parachutes
Generous exit packages for executives