Collective bargaining is the process where workers, typically represented by a labor union, negotiate with their employer to determine the terms of employment. This usually involves discussions on wages, working conditions, hours, benefits, and other workplace issues. The goal is to arrive at a collective bargaining agreement or contract that sets these terms for a specified period. It aims to balance the power between employers and employees, giving workers a stronger, unified voice in negotiations than they would have individually. Collective bargaining is recognized as a fundamental right for workers and often occurs between union leaders and company management. The process may also involve different types of bargaining strategies depending on the economic context and goals of the parties involved. Overall, collective bargaining helps address workplace concerns, improve workers' conditions, and establish labor protections.
