collective bargaining

collective bargaining definition - business

collective bargaining

Negotiations between an employer and an organized group of employees. Collective bargaining generally results in agreements regarding rates of pay, hours of employment, benefits, and other conditions of employment.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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