Collective Bargaining is a process where representatives of workers, often from a labor union, negotiate with employers to establish the terms of employment. This includes discussions about wages, working conditions, benefits, and other workplace policies. The goal is to reach a mutually beneficial agreement that addresses the needs of both employees and employers.
Once an agreement is reached, it is typically formalized in a collective bargaining agreement (CBA), which outlines the rights and responsibilities of both parties. This process helps ensure that workers have a voice in their workplace and can lead to improved job satisfaction and productivity.