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What Is The Importance Of Collective Bargaining To Employers?

Answer»

Importance of collective bargaining to employers: 

  • It's easier for MANAGEMENT to deal with group issues RATHER than individual issues
  • It LEADS to an increase in the level of trust among employees and employers BENEFITING the overall BUSINESS
  • Reduces absenteeism and labour turnover which increase productivity and reduces the cost and wastage
  • It helps in settling the issues at an initial level before they turn into disputes

Importance of collective bargaining to employers: 


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