Collective Bargaining Pros And Cons

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Collective bargaining is the process through which employees form a union and negotiate a contract with their employer that provides certain employment conditions, such as salaries, benefits, work hours, vacation time, and grievance procedures (Hernandez, 2011). Wages have been stagnant despite sizeable increases in overall productivity, incomes, and wealth. The single largest factor suppressing wage growth for middle-wage workers has been the erosion of collective bargaining.
There are significant benefits to collective bargaining. First, unionized workers are more likely to be covered by employer provided health insurance, pensions, in addition to, more paid time off to spend with their families. Collective bargaining raises the wages

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