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In this video, Charles explains the concept of a Collective Bargaining Agreement (CBA), a written contract created through collective bargaining, where workers unite as a union to negotiate with company management. The primary aim of the CBA is to establish terms and conditions of employment, including wages, work hours, health insurance, retirement plans, dispute resolution, training, vacation, and holidays. The National Labor Relations Act ensures employees' rights to bargain collectively and choose their representatives. It is considered an unfair labor practice for either party to refuse to engage in good faith negotiations.
