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Collective Bargaining and Labor Arbitration

Collective bargaining is the process where employers and unions representing workers negotiate agreements on wages, benefits, and working conditions. This collaboration aims to reach a mutually beneficial contract. Labor arbitration is a method for resolving disputes that arise from these negotiations. If the parties cannot agree, an impartial arbitrator hears both sides and makes a binding decision. Both practices are essential components of labor legislation, helping to ensure fair treatment and communication between workers and employers, while providing a structured way to address conflicts.