What are the theories of collective bargaining?
The marketing theory views collective bargaining as contract for the sale of labour so it is also known as theory of the ‘Agreement as a contract’. According to this theory, employees sell their labour on terms determined on the basis of contract, made through the process of collective bargaining.
What is collective bargaining in HRM PPT?
DEFINITION:- Collective Bargaining is the agreement between the a single employer or an association of the employers on the one hand and labor union on the other Collective Bargaining is the processes in which the representative of a labor organization and the representative of the business organization meet and …
What are the features of collective bargaining?
Main Features of Collective Bargaining:
- It is a Group Action:
- It is a Continuous Process:
- It is a Bipartite Process:
- It is a Process:
- It is Flexible and Mobile and not Fixed or Static:
- It is Industrial Democracy at Work:
- It is Dynamic:
- It is a Complementary and not a Competitive Process:
What is the purpose of collective bargaining?
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.
What is process of collective bargaining?
Definition: The Collective Bargaining is a technique to reach a mutual agreement between the employer and the employee. The union and the employer meet and discuss the economic issues such as wage, bonus, number of working hours and other employment terms. …
What are the main features of collective bargaining?
What does collective bargaining mean in sociology?
3. “COLLECTIVE BARGAINING IS AN AGREEMENT BETWEEN A SINGLE EMPLOYER OR AN ASSOCIATION OF EMPLOYERS ON THE ONE HAND AND A LABOUR UNION ON THE OTHER, WHICH REGULATES THE TERMS AND CONDITIONS OF EMPLOYMENT” TUDWIG TELLER DEFINITION 4.
When was the concept of collective bargaining introduced in India?
The concept of collective bargaining was introduced very late in India as trade unions were found only in 20th century. The concept of collective bargaining attained significance only after 1962. The phrase collective bargaining is said to be coined by Sydney and Beatrice Webb and Great Britain.
How do collective agreements and collective bargaining institutions affect productivity?
Collective agreements and collective bargaining institutions affect how productivity gains and risks are allocated between different stakeholder groups. For this reason, collective bargaining is often characterized by conflict.
What is the role of the different actors in collective bargaining?
It can involve the different actors disc ussed in other chapters in employees. However, the role pla yed by each of these actors in the bargaining system varies through law and practice. workers, economies, and societies. Collective bargaining can involve partnership and can be involvement.