- published: 02 Apr 2015
- views: 101
Advance is a certified, independent trade union affiliated to the TUC representing workers within the bank Santander UK, the UK subsidiary of Santander Group. The union was formerly known as The Abbey National Group Union (ANGU) before it expanded to include staff of Alliance & Leicester and Bradford & Bingley following their acquisitions by Santander. Its aims are the supporting and representing its members in all aspects of their employment.
The current General Secretary is Linda Rolph, and it has its Head Office in Tring, Hertfordshire, with a current membership of 8,063. Of its total expenditure in 2008 of £631,230, £161,194 was spent on services to directly to members.
The union organises various levels of representative, members holding 'lay positions' (i.e. unpaid, and additional to work duties). These are: Office representative; Area representative; Health & Safety representative; Lifelong Learning representative; and NEC representative.
In 2001 concerns had been raised about whether the union was 'genuinely independent' of the Abbey National plc, however, following enquiries, the Certification Officer confirmed its status without the need for a formal review.
A trade union (British English / Australian English / New Zealand English / South African English / Caribbean English; also trades union), labour union (Canadian English), or labor union (American English) is an organization of workers who have come together to achieve common goals such as protecting the integrity of its trade, improving safety standards, achieving higher pay and benefits such as health care and retirement, increasing the number of employees an employer assigns to complete the work, and better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members (rank and file members) and negotiates labour contracts (collective bargaining) with employers. The most common purpose of these associations or unions is "maintaining or improving the conditions of their employment". This may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies.
Trade involves the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money. Possible synonyms of "trade" include "commerce" and "financial transaction". A network that allows trade is called a market.
The original form of trade, barter, saw the direct exchange of goods and services for other goods and services. Barter is trading things without the use of money. Later one side of the barter started to involve precious metals, which gained symbolic as well as practical importance. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.
Trade exists due to the specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity, or because different regions' size may encourage mass production. As such, trade at market prices between locations can benefit both locations.
Union is the state of being united or joined.
Union may also refer to:
Advance may refer to:
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