Explain What Are The Characteristic Features Of Collective Bargaining

1.	Explain What Are The Characteristic Features Of Collective Bargaining?
Answer» The MAIN features of collective bargaining are: It is a group process involving at least two parties. It is a process of negotiations through mutual discussions and compromise. It is a formal process in which employers and formal trade UNIONS participate for discussions. It is a flexible process consisting of various steps. The process WORKS on the basis of mutual trust and understanding between the two parties. It is a COMPLEMENTARY process where each PARTY has something to offer to each other. It is a constructive ongoing process. The main features of collective bargaining are:

Explain What Are The Characteristic Features Of Collective Bargaining?

Answer»

The MAIN features of collective bargaining are:

It is a group process involving at least two parties.
It is a process of negotiations through mutual discussions and compromise.
It is a formal process in which employers and formal trade UNIONS participate for discussions.
It is a flexible process consisting of various steps.
The process WORKS on the basis of mutual trust and understanding between the two parties.
It is a COMPLEMENTARY process where each PARTY has something to offer to each other.
It is a constructive ongoing process.

The main features of collective bargaining are: