2. Collective Bargaining is a process in which the
representatives of a labour organization & the
representatives of business organization meet and
attempt to negotiate a contract (MOU) or agreement,
which specifies the nature of employees-employer
union relationship”.
Process involving discussions and negotiations
‘collective’ – group
'bargaining' – proposals and counter proposals
to reconcile their conflicting interests
is a flexible approach
3. is a collective process in which representatives of both the
management and employees participate.
is a continuous process which aims at establishing stable
relationships between the parties involved.
attempts in achieving discipline in the industry
is a flexible approach, as the parties involved have to
adopt a flexible attitude towards negotiations.
5. Wages and wage revisions
Allowances and other perks
Working hours, working conditions etc.
Grievances
Safety and health aspects
Welfare measures and social security aspects
Trade Union Recognition
Performance evaluation / Job evaluation
Bonus / incentives
Retirement Benefits, pension etc.
Maintenance of discipline and panel actions.
6. Collective bargaining increases the morale and
productivity of employees
Effective collective bargaining machinery strengthens
the trade unions movement
Collective bargaining develops a sense of self respect
and responsibility among the employees.
It increases the strength of the workforce, thereby,
increasing their bargaining capacity as a group.
7. It becomes easier for the management to resolve issues
at the bargaining level rather than taking up
complaints of individual workers.
Collective bargaining tends to promote a sense of job
security among employees and thereby tends to reduce
the cost of labour turnover to management.
Collective bargaining plays a vital role in settling and
preventing industrial disputes
8. Collective bargaining leads to industrial peace in the
country
The discrimination and exploitation of workers is
constantly being checked.
It provides a method or the regulation of the
conditions of employment of those who are directly
concerned about them
9. Existence of a strong Trade Union
Existence of enlightened management
Open minded approach from both sides
Analytical and objective assessment of situation /
dispute
Availability of proper records
Give and take approach from both sides.
