Paraphrase needed (Similar words count) Collective bargaining plays an important
ID: 421602 • Letter: P
Question
Paraphrase needed (Similar words count)
Collective bargaining plays an important role in solving the conflicts or the problem that is arising. Collective bargaining has got the power to bring the change in the enterprise independently even though both the parties have power to influence each other. Collective bargaining brings about the trust in the relationship with each other. It also helps in following the rules and regulations. Conflicts arising can also be solved by following these rules. Collective bargaining plays a very important role in managing the employer-employee relationship. It helps in forming the trade unions and also in involving the negotiation process incase of any disputes.
There has been a recent developments in collective bargaining and they are single union deals and single table bargaining. Single union deal is like an agreement where the management allows only one trade union to represent the employees. Single union agreements may also have other agreements and those agreements are pendulum arbitration, no strike agreements and flexibility agreements. Pendulum arbitration is also called as final offer arbitration. It is a method where the third party involves when there is an disagreement between two parties and this bargaining is done in good faith to settle the conflicts between each other. Single table bargaining also gives similar benefits to the employer as single union deals while marinating a multi-union site. Here the negotiation process takes place between the unions. Flexible agreements are agreements that are done to modify the traditional working practices and also the flexibility in the function that are to be carried out in the working place.
There are lot of benefits from collective bargaining, and there are many reasons for the decline of collective bargaining in recent days. It is because the power and the control of the trade union are in the hands of governments and also because of Act of employment legislation to control the power of trade unions. It is also because the focus is now a day shown on each individual at the work. It is also because of the growth of new managerial statistics. It is mainly because of the failure of the trade unions to develop effective strategies in developing the employer employee relationship. It is also because some privatised companies do not adopt collective bargaining and thus it is completely abandoned in major companies. It is because of these reasons the collective bargaining has fallen down to a greater extent in past years. But, Human resource management plays an important role in encouraging flexible working arrangements and in development of the human resource and in paying to the employee for their performance.
Explanation / Answer
Collective bargaining is an instrument to resolve conflicts arising between employers and employees. It can play a key role in developing trust between the employers and employees. Collective Bargaining can transform the relationship between the employer and employee on its own even when both the parties have the power to shape up their relationship. Collective bargaining gives the guidelines for resolving conflicts. It helps in governing the relationship between the employer and employee. It gives the workers the opportunity to create Trade Unions to protect their interests and taking part in the negotiation process for conflict resolution.
The latest developments in the field of collective bargaining include Single Union deals and Single Union agreements. In a single union deal there is an agreement between the employer and the employees that only one union represents interests of all the workers at the work place. There are other agreements like flexibility agreements which are about introducing flexibility at work place, pendulum arbitration and no strike agreements which are also part of Single Union agreement. Single table bargaining involves negotiation between the unions and gives the employers similar chances to resolve a conflict or address workers interests.
There is a decline in the importance of collective bargaining as government has laid down rules and regulations regarding Trade Unions. It is not a legally abiding process for the employers to be followed. With change in organizational structure and corporate practices, trade unions have lost their significance in managing worker's interests. As a result many businesses have stopped using collective bargaining process. Now, there is an increasing role played at managerial levels by Human Resource Development team which help in career progression and taking care of employee interests.
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