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Aug 6th, 2022
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How to Link image in the Collective Bargaining Agreement

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In this video, we discuss the concept of collective bargaining agreement, which is part of procurement management knowledge area and may be relevant for the PMP exam. You can find more information in an article on PMC lounge dot-com and in a playlist of videos on procurement management. Key points include understanding the roles of Union and union agreement in the collective bargaining agreement.

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The 5 Stages of Collective Bargaining Preparing for bargaining. ... Conducting negotiations. ... Ratifying the contract. ... Resolving a contract dispute. ... Changing or clarifying the contract.
Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.
The process takes place between company management and a labor union. Concerns and issues that may come up during collective bargaining include working conditions, salaries and compensation, working hours, and benefits. The goal of collective bargaining is to come up with a collective bargaining agreement or contract.
The 5 Stages of Collective Bargaining Preparing for bargaining. ... Conducting negotiations. ... Ratifying the contract. ... Resolving a contract dispute. ... Changing or clarifying the contract.
Main Features of Collective Bargaining: It is a Group Action: ... It is a Continuous Process: ... It is a Bipartite Process: ... It is a Process: ... It is Flexible and Mobile and not Fixed or Static: ... It is Industrial Democracy at Work: ... It is Dynamic: ... It is a Complementary and not a Competitive Process:
Labor relations specialists draft proposals and rules or regulations in order to help facilitate collective bargaining. Labor relations specialists interpret and administer labor contracts regarding issues such as wages and salaries, healthcare, pensions, and union and management practices.
Unions have historically formed to ensure fair wages, benefits and better working conditions for their members. They negotiate with businesses and governments on behalf of employees, who either work a particular type of job or in a particular industry.
Collective bargaining tends to improve the relations between workers and the union on the one hand and the employer on the other. Collective Bargaining is continuous process. It enables industrial democracy to be effective. It uses cooperation and consensus for settling disputes rather than conflict and confrontation.
Through collective bargaining, workers tend to receive a greater share of productivity gains as wages. This can in turn promote cooperation and increase productivity in the enterprise and contribute to higher demand in the economy.
Collective bargaining allows both sides to negotiate a fair employment relationship and prevents costly labour disputes. Collective bargaining consists of negotiations between an employer and a group of employees in order to determine the conditions of employment.

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