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In today's Union Facts Friday video, Charles discusses what a collective bargaining agreement (CBA) is. It is a written contract negotiated through collective bargaining, where workers come together as a union to negotiate with company management. The CBA regulates employee terms and conditions such as wages, work hours, health benefits, retirement plans, dispute resolution, training, vacation, and holidays. The National Labor Relations Act gives workers the right to collectively bargain with their employer and choose representatives. It is considered unfair labor practice to refuse to bargain in good faith.