The contract is a kind of agreement between two or more parties. The concept of treaty is often used in political and other systems. The peace treaty is a kind of agreement negotiated between two or more parties to the conflict in order to settle their differences and maintain peace between them. Collective bargaining is a peaceful settlement of disputes between workers and employers and thus promotes peace at work and increased productivity, which leads to an increase in the gross national product or national income of the country. Kochan, T. (2012). Collective bargaining: crisis and consequences for American society. Industrial Relations Journal, 43(4), 302-316. dx.doi.org/10.1111/j.1468-2338.2012.00680.x In 2018, an agreement was reached between United States Steel Corporation and United Steelworkers (USW). This was a four-year agreement that will be reviewed in 2022. The agreement provided for a signing bonus of $4,000 per member, a 14 percent salary increase over four years and an increase in pension contributions. Negotiations can only succeed if the parties rely on facts and figures to support their views.
The union should be supported by specialists such as economists, productivity specialists and professionals so that their case is duly submitted to the management representative. To achieve this, it is necessary to change the organizational organization of a trade union; The latter should take a constructive approach at the negotiating table and not the current approach to agitation or process. The 1962 resolution on the ceasefire in industry also influenced the growth of collective bargaining. It provides that management and workers shall endeavour to cooperate in all possible ways and to entrust them with the responsibility of peacefully settling their disputes through voluntary discussion, conciliation and arbitration. Although the first five-year plan emphasized that the State would encourage mutual settlement, collective bargaining and voluntary arbitration; and, consequently, to reduce the number of State interventions in relations with the trade union leadership. It is also a legal proceeding, as there is a provision or clause in every collective agreement on the interpretation of the agreement and how to resolve disagreements about the intent or extent of a given clause. It is also an executive process for management and the union to implement the signed agreement. At this stage, the unions will try to hold the employer to account and ensure that the agreement is implemented. For example, do workers receive the agreed minimum wage? Or did the company build the newly requested canteen on time and in an agreed quality. Since then, there are 6 subsequent agreements that, since then, increased wages in the first years and introduced health insurance in subsequent years.
For example, the 2006 agreement included the extension of post-career medical expenses after the expiration of player insurance. Illustrate different forms of collective bargaining….