How is collective bargaining defined?

Collective bargaining is defined as a process that aims to resolve conflicting interests between union representatives and management. This process involves negotiations where both parties come together to discuss and agree on various employment terms, such as wages, working conditions, benefits, and job security. By facilitating dialogue and negotiation, collective bargaining seeks to reach a mutually beneficial agreement that represents the interests of both the employees (represented by the union) and the employers (management).

This collaborative approach fosters an environment where the concerns of workers can be formally addressed and provides a structured framework for resolving disputes, leading to more stable labor relations. It is essential in ensuring that the voices of employees are heard and that any agreements made are in the best interest of all stakeholders involved in the employment relationship.