MANAGEMENT

Detailed explanation-1: -Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

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

Detailed explanation-3: -Many workers are denied fair wages by their employers. Because they badly need work, workers have no bargaining power and are paid low wages. This law is meant to protect the interests of all workers; particularly, farm labourers, construction workers, factory workers, domestic workers, etc.