Today, October 7, the trade union movement celebrates the World Day for Decent Work (WDDW). The concept of “decent work” was originally introduced by the International Labour Organisation and since then has become major objective in industrial relations. The ILO proposes the following definition: “Decent work sums up the aspirations of people in their working lives. It involves opportunities for work that is productive and delivers a fair income, security in the workplace and social protection for families, better prospects for personal development and social integration, freedom for people to express their concerns, organize and participate in the decisions that affect their lives and equality of opportunity and treatment for all women and men.”
Decent work refers both to fair pay and purchasing power of wages. In 2008, upon decision of the International Trade Union Confederation, October 7 was declared World Day for Decent Work and since then it has been commemorated in more than 130 countries worldwide.