Define the process of Collective bargaining with your own words?

Collective bargaining is a negotiation process between employers and a group of employees, typically represented by a labor union, to determine the terms and conditions of employment. This process involves discussions and compromises on issues such as wages, benefits, working conditions, and other aspects of the employment relationship. The goal of collective bargaining is to reach a mutually acceptable agreement that satisfies the needs and interests of both parties.

Collective Bargaining

Collective bargaining is a process in which representatives of employees (typically a union) and representatives of management (typically the employer) negotiate over the terms and conditions of employment.

Key Features:

- Representatives: The process involves representatives from both the employee and management sides, acting on behalf of their respective groups.
- Negotiation: Representatives engage in discussions and negotiations to reach a mutually acceptable agreement on various aspects of the workplace.
- Agreement: The result of the negotiations is a written agreement, known as a collective bargaining agreement (CBA), which outlines the terms and conditions of employment for a specific period of time.
- Legally Binding: CBAs are legally binding contracts that must be adhered to by both parties.
- Workplace Issues: Collective bargaining covers a wide range of workplace issues including wages, benefits, working hours, job security, health and safety, and grievance procedures.
- Continuous Process: Collective bargaining is an ongoing process, typically involving regular negotiations between the parties to review and update the CBA as necessary.