Collective Bargaining
Collective bargaining refers to the process of negotiation between employers and employee representatives, typically labor unions, to determine the terms and conditions of employment. It is a crucial aspect of industrial relations, as it allows for the resolution of disputes and the establishment of fair and equitable working conditions for employees.
Key terms:
- Employers - Companies or organizations that hire workers to perform various tasks in exchange for wages or salary.
- Employee representatives - Individuals or groups who represent the interests of employees in negotiations with employers. These representatives may be elected by employees or appointed by labor unions.
- Labor unions - Organizations that represent the collective interests of workers in a particular industry or occupation.
- Negotiation - The process of discussing and reaching an agreement through compromise and communication between two or more parties.
- Terms and conditions of employment - Refers to the rights and responsibilities of both employers and employees in the workplace, including wages, benefits, working hours, and other workplace policies.
- Disputes - Conflicts or disagreements between employers and employees, often related to wages, working conditions, or other employment-related issues.
- Industrial relations - The relationship between employers, employees, and their representative bodies, and the ways in which they interact and negotiate in the workplace.
- Fair and equitable - Refers to fair treatment and equal opportunities for all employees, regardless of factors such as race, gender, or ethnicity.
- Working conditions - Refers to the physical and social environment in which employees work, including factors such as safety, working hours, workload, and workplace culture.
- Collective agreement - A written contract that outlines the terms and conditions of employment negotiated between employers and employee representatives.
- Bargaining power - The ability of one party to influence or persuade the other party during negotiations. In collective bargaining, labor unions may have more bargaining power than individual employees due to their collective strength and resources.
- Mediation - The process of bringing in a neutral third party to facilitate discussions and help resolve disputes between employers and employee representatives during collective bargaining.
- Arbitration - A legal process in which a neutral third party, or arbitrator, makes a binding decision to resolve a dispute between employers and employee representatives.
- Strikes and lockouts - Industrial action taken by employees and employers, respectively, to put pressure on the other party during negotiations.
- Collective bargaining agreement (CBA) - An alternate term for collective agreement, which is the final outcome of successfully negotiated terms and conditions of employment between employers and employee representatives.
Collective bargaining is a fundamental right of employees, recognized by many countries and protected by laws and regulations. It allows for a balance of power between employers and employees and promotes a healthy working relationship. By providing a mechanism for fair and equitable negotiations, collective bargaining helps create a stable and productive work environment for both parties.