Enhancing the efficiency of union financial revenu

Abstract

    Amidst the robust advancement of the Fourth Industrial Revolution globally a market economy with competitive pressures, technological changes, and market fluctuations, collecting union fees and managing trade union finances face numerous challenges. Additionally, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) brings both opportunities and challenges to trade unions. This impacts the protection of labor rights and social welfare, as well as the development of social, cultural, and sports activities. Therefore, trade unions need stable and effective financial resources. This article examines the factors influencing trade union revenue in the new context and proposes solutions to enhance trade union financial management.thereby ensuring resources for the welfare of members and laborers.