The main purpose(s) of collective bargaining is/are

The correct answer is - Both [1] and [2]

Key Points

• Collective Bargaining
  • Collective bargaining is a process where employers and employees negotiate to reach agreements on working conditions.
  • This involves discussions on wages, working hours, benefits, and other employment terms.
• Dispute Resolution
  • It also aims at resolving disputes between management and employees, thereby ensuring a harmonious workplace.
  • Dispute resolution through collective bargaining can prevent conflicts from escalating, leading to a more productive work environment.
• Importance of Both Functions
  • Combining both negotiation of wages/working conditions and dispute resolution highlights the comprehensive role of collective bargaining in industrial relations.
  • Hence, the main purpose(s) of collective bargaining is/are to negotiate wages and working conditions, and to resolve disputes between management and employees, making option Both [1] and [2] the correct answer.

Additional Information

• Legal Framework
  • Collective bargaining processes are often governed by labor laws and regulations, which ensure fair practices and protect the rights of both parties.
  • These laws provide a structured framework for negotiations and dispute resolutions.
• Collective Bargaining Agreements (CBAs)
  • Outcomes of collective bargaining are formalized in Collective Bargaining Agreements (CBAs).
  • These agreements are legally binding and outline the terms and conditions agreed upon by both parties.
• Role of Trade Unions
  • Trade unions play a crucial role in representing employees in the collective bargaining process.
  • They help ensure that the workers' interests are effectively communicated and negotiated with the employers.