Collective Bargaining Definition

noun

Negotiation between organized workers and their employer or employers for reaching an agreement on wages, fringe benefits, hours, and working conditions.

Webster's New World

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.

Webster's New World Law

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.

YourDictionary