What is meant by the term collective bargaining rsquo ........

Industrial Relation and labour law Trade Unions

What is meant by the term `collective bargaining’?

A process by which a union meets with another union to discuss recruitment.

A process by which a union negotiates with an employer on behalf of its members on matters concerning the terms and conditions of employment.

A process by which a union recruits new members.

A process by which a union negotiates with suppliers for the provision of e.g. office furniture.

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Explanation:

Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions.