collective bargaining
- The process of negotiation that happens between a company and a labor union, typically concerning matters like salaries, benefits, work hours, and job conditions
- The new law forced companies to engage in collective bargaining with their workers' unions in order to agree on compensation and working conditions.
- A successful collective bargaining can benefit both employees and employers as it prevents labor-related disputes and promotes a healthy work environment.
- The workers decided to go on strike when the collective bargaining with their employer did not result in satisfactory improvements to their working conditions.
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