Good-faith process between an organization's management and a trade union representing its employees, for negotiating wages, working hours, working conditions, and other matters of mutualinterest. To the management, this process presents (usually) one set of people to negotiate with; to the employees, it gives greatly enhanced bargaining-power. Collective bargaining is the fundamental... Read more
USAGE EXAMPLE
Thanks to the collective bargaining within the company, we can now receive discounts on our medical coverage and pay for sick days.