Collective bargaining represents a form of organization, composed of several workers, acting in the name of all the workers of an organization, having the responsibility of negotiating the terms and conditions of employees’ work, which result in a signed agreement attesting the organization’s recognition of the worker’s activities, rights and responsibilities or other negotiated benefits (International Association of Fire Fighters, 1998). Among the activities involved in the collective bargaining and related with the labor law there is also the contract negotiation. Negotiating the labor contract implies designating a negotiating committee that, based on the general decision of all the ...
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Management
Contract Negotiation It is the business term which means that two or more parties provide knowledge to each other in order to achieve a possible arrangement of partnership. In the contract negotiation process, each party’s objective is to reach an agreement that is to be favorable to both the parties of the contract negotiation. Labor contract negotiation process is one of the famous types of the contract negotiation and this is getting a great deal of the media attention in these days. Collective bargaining agreements are the most common outcome of the labor contract negotiation because this agreement ...