Discuss the objectives and process of collective bargaining.
Collective bargaining is the process of negotiation between an employer and a union representing its employees. The objective of collective bargaining is to reach a mutually agreed-upon contract, or collective bargaining agreement (CBA), that outlines the terms and conditions of employment for the employees represented by the union.
The following are the main objectives of collective bargaining:
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Wages and Benefits: One of the primary objectives of collective bargaining is to negotiate fair wages and benefits for the employees represented by the union. This includes base pay, overtime pay, bonuses, health insurance, pension benefits, and other benefits. Collective bargaining helps to ensure that employees are fairly compensated for their work, and that they have access to benefits that are essential for their financial security.
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Working Conditions: Another objective of collective bargaining is to negotiate favorable working conditions for employees. This includes issues such as hours of work, job security, safety and health, and other working conditions that impact the quality of life for employees. Collective bargaining helps to ensure that employees are working in safe and ________ ___ __________ _____ _____ _______ _________ ___ ________ ______ __________.
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