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The collective bargaining process involves negotiations between labor unions and employers to reach agreements on wages, benefits, hours, and employment conditions. The National Labor Relations Board (NLRB) mandates that both parties engage in good-faith bargaining, which requires meeting at reasonable times and arriving prepared to negotiate. Mandatory topics include compensation, hours of employment, pensions, insurance, safety, layoffs, and union security. While the law necessitates good-faith bargaining, it does not compel the parties to reach an agreement. Additional issues in the bargaining process encompass employee rights, management control, and benefits for retired union workers.