- Collective Bargaining
- The process of negotiating the terms of employment between an employer and a group of workers. The terms of employment are likely to include items such as conditions of employment, working conditions and other workplace rules, base pay, overtime pay, work hours, shift length, work holidays, sick leave, vacation time, retirement benefits and health care benefits.
, collective bargaining takes place between labor union leaders and the management of the company that employs that union’s workers. The result of collective bargaining is called a collective bargaining agreement, and it establishes rules of employment for a set number of years. The cost of this employee representation is paid by union members in the form of dues. The collective bargaining process may involve antagonistic labor strikes or employee lockouts if the two sides are having trouble reaching an agreement. United States
, there are unions in both the private sector and the public sector. As of 2009, about 7.2% of private sector employees and 37% of public sector employees were unionized. Categories of workers that belong to unions include grocery store employees, airline employees, professional athletes, teachers, auto workers, postal workers, actors, farm workers, steel workers and many more. United States
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Collective bargaining — collective bargaining … Dictionary of sociology
collective-bargaining — collective bargaining … Dictionary of sociology
Collective bargaining — is a process of negotiations between employers and the representatives of a unit of employees aimed at reaching agreements that regulate working conditions. Collective agreements usually set out wage scales, working hours, training, health and… … Wikipedia
collective bargaining — n: negotiation between an employer and a labor union usu. on wages, benefits, hours, and working conditions see also bargaining agent at agent, bargaining unit; labor management relations act in the important laws … Law dictionary
collective bargaining — ➔ bargaining * * * collective bargaining UK US noun [U] HR ► a process in which employees talk as a group with their employer to try to reach an agreement on pay, working conditions, etc.: »Opponents of collective bargaining point out that state… … Financial and business terms
collective bargaining — ► NOUN ▪ negotiation of wages and other conditions of employment by an organized body of employees … English terms dictionary
collective bargaining — n. negotiation between organized workers and their employer or employers for reaching an agreement on wages, fringe benefits, hours, and working conditions … English World dictionary
collective bargaining — noun negotiation between an employer and trade union • Hypernyms: ↑negotiation, ↑dialogue, ↑talks * * * noun [noncount] : talks between an employer and the leaders of a union about how much a group of workers will be paid, how many hours they… … Useful english dictionary
collective bargaining — the process by which wages, hours, rules, and working conditions are negotiated and agreed upon by a union with an employer for all the employees collectively whom it represents. [1890 95] * * * Process of negotiation between representatives of… … Universalium
collective bargaining — As contemplated by National Labor Relations Act, is a procedure looking toward making of collective agreements between employer and accredited representative of union employees concerning wages, hours, and other conditions of employment, and… … Black's law dictionary