Strike fund

A strike fund is a reserve of money set aside by a union or worker organization to support members who are participating in a strike. It provides financial assistance to help cover essential expenses like food, rent, and bills during the period of job stoppage. The fund helps ensure that workers can sustain themselves without immediate income, encouraging collective action and solidarity. Striking members typically receive a portion of their regular pay from the strike fund, which is accumulated through union dues or contributions. This financial support aims to strengthen workers' ability to negotiate better conditions or wages.