B Com Exam  >  B Com Questions  >  What are functions of collective bargaining? Start Learning for Free
What are functions of collective bargaining?
Most Upvoted Answer
What are functions of collective bargaining?
Functions of Collective Bargaining


Collective bargaining is a process of negotiation between the employer and the employees, represented by a union, to reach an agreement on terms and conditions of employment. It has several functions that help in improving the relationship between the employer and employees. The main functions of collective bargaining are:

1. Regulation of Employment Terms and Conditions


Collective bargaining helps in regulating the terms and conditions of employment. It ensures that both the employer and employees have a clear understanding of their rights and obligations. The collective bargaining agreement covers issues such as wages, hours of work, leave entitlements, health and safety, and other benefits.

2. Conflict Resolution


Collective bargaining serves as a mechanism for resolving conflicts between the employer and employees. It provides a forum for the parties to discuss their differences and reach a mutually acceptable solution. Collective bargaining also helps in reducing the number of grievances and disputes in the workplace.

3. Improved Communication


Collective bargaining facilitates improved communication between the employer and employees. It provides a platform for the parties to share their views and concerns and to work towards finding a solution. This helps in creating a better working environment and enhancing productivity.

4. Protection of Workers' Rights


Collective bargaining helps in protecting the workers' rights. It ensures that the employees are not exploited and are treated fairly. The collective bargaining agreement covers issues such as job security, promotion, and disciplinary procedures, which help in protecting the workers' rights.

5. Increased Employee Satisfaction


Collective bargaining helps in increasing the employee satisfaction. The employees feel empowered and have a sense of ownership over their working conditions. This leads to a more motivated and productive workforce, which benefits both the employer and employees.

In conclusion, collective bargaining has several functions that help in improving the relationship between the employer and employees. It helps in regulating the terms and conditions of employment, resolving conflicts, improving communication, protecting the workers' rights, and increasing employee satisfaction.
Explore Courses for B Com exam
What are functions of collective bargaining?
Question Description
What are functions of collective bargaining? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What are functions of collective bargaining? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are functions of collective bargaining?.
Solutions for What are functions of collective bargaining? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What are functions of collective bargaining? defined & explained in the simplest way possible. Besides giving the explanation of What are functions of collective bargaining?, a detailed solution for What are functions of collective bargaining? has been provided alongside types of What are functions of collective bargaining? theory, EduRev gives you an ample number of questions to practice What are functions of collective bargaining? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev