ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A Standard Clause that can be included in a collective bargaining agreement (CBA) to set out a grievance procedure for a union and employer to use to resolve disputes about the application and interpretation of the CBA.

Detailed explanation-2: -The main types of collective bargaining include composite bargaining, concessionary bargaining, distributive bargaining, integrative bargaining, and productivity bargaining.

Detailed explanation-3: -Collective bargaining is traditionally the main function of trade union. It is the process by which employers and organizational groups of employees seek to reconcile their conflicting goals through mutual accommodation thereby reaching a collective agreement that regulates terms and conditions of employment.

Detailed explanation-4: -Collective bargaining refers to the official process by which trade unions negotiate with employers on behalf of their members in respect of employees’ terms and conditions of employment. An example of collective bargaining could be about a pay increase or change in working hours.