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What is Collective Bargaining
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A process of bargaining in groups as opposed to bargaining individually
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Ultimately leading to an agreement between the group of staff/ workers and management. This agreement covers the conditions of the employees, pay rates/holiday/overtime/ bonus, etc, hours of works, shift arrangements, length of holidays, subsidized facilities and others.
Advantages of Collective Bargaining
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There is a mutual understanding between trade union and management
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Workers feel more involved
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Shared individual stresses and insecurities
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Discourages favoritism and victimization
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Promotes employee’s self respect
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Establish the rights of employees and management
Disadvantages of Collective Bargaining
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Management may be weakened in the event of very strong union head
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Face to face confrontation
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Not every employee’s interest is represented.
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