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Collective bargaining is the process where labor unions and employers negotiate for agreements on various employment terms such as wages, benefits, and working hours. The NLRB requires that both parties bargain in good faith, discussing mandatory topics like compensation, benefits, hours of employment, and other conditions. While an agreement is not required, good faith bargaining is necessary. Additional topics like pensions, insurance, grievance processes, safety, layoffs, discipline, and union security have also become mandatory. Other issues that may arise during bargaining include employee rights, management control, and benefits for retired union workers.