collective bargaining


collective bargaining

noun

: talks between an employer and the leaders of a union about how much a group of workers will be paid, how many hours they will work, etc.

Full Definition of COLLECTIVE BARGAINING

:  negotiation between an employer and a labor union usually on wages, hours, and working conditions

Examples of COLLECTIVE BARGAINING

  1. The next round of collective bargaining is scheduled for September.

First Known Use of COLLECTIVE BARGAINING

1891

collective bargaining

noun    (Concise Encyclopedia)

Process of negotiation between representatives of workers (usually labour union officials) and management to determine the conditions of employment. The agreement reached may cover not only wages but hiring practices, layoffs, promotions, working conditions and hours, and benefit programs. Collective bargaining developed in England at the end of the 18th century. Although collective bargaining agreements are common in many countries, they are more scarce in developing countries that have large pools of surplus labour. Contract negotiations may occur at the national, regional, or local level, depending on the structure of industry within a country. See also labour union; strike.

Browse

Next Word in the Dictionary: collective behavior
Previous Word in the Dictionary: collective agreement
All Words Near: collective bargaining

Seen & Heard

What made you want to look up collective bargaining? Please tell us where you read or heard it (including the quote, if possible).