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[Music] lets take a look at collective bargaining joining together with other like-minded people often makes it possible to accomplish objectives that elude individuals acting alone the institution of collective bargaining recognizes the value of employees banding together to deal with their employers and the fact that the desires of employees and employers sometimes clash both employers and employees care a great deal about and are apt to disagree on wages hours and many other terms and conditions of employment collective bargaining provides employees with representation greater power in dealing with their employers and a means for resolving issues in ways that meet the requirements of both parties labor unions play a critical role in collective bargaining by representing employees in their dealings with employers employees have the opportunity to choose by majority rule whether they want to have union representation unions negotiate with employers to obtain labor agreements contract