Collective-bargaining meaning

Negotiation between organized workers and their employer or employers to determine wages, hours, rules, and working conditions.
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Negotiation between organized workers and their employer or employers for reaching an agreement on wages, fringe benefits, hours, and working conditions.
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In labor law, negotiations between an employer and a labor union or other group representing employees concerning the terms and conditions of the employees’ work. See also bargaining unit and lockout.
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The definition of collective bargaining refers to many people with similar aims and goals joining together in order to be in a better position to negotiate.

An example of collective bargaining is a labor union engaged in negotiations with management over salaries.

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A method of negotiation in which employees negotiate as a group with their employers, usually via a trade union.
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Origin of collective-bargaining

  • Coined by Beatrice Webb in 1891.

    From Wiktionary