Another Name for a Negotiated Labor-Management Agreement is a Collective Bargaining Agreement (CBA)
A collective bargaining agreement (CBA) is a contract between an employer and a labor union that outlines the terms and conditions of employment for the unionized employees. It is the result of a collective bargaining process between the employer and the union, which is aimed at resolving the issues that are important to both parties.
A CBA is one of the most important documents in labor relations because it has a direct impact on the working conditions, wages, benefits, and job security of the unionized employees. It is a legally binding agreement that must be followed by both parties for the duration of the contract.
The bargaining process usually begins with the union presenting its proposals to the employer. The employer then responds with its own proposals, and the two sides engage in negotiations until they reach an agreement. The agreement is then put in writing and signed by both parties.
The CBA covers a wide range of topics, including wages, hours of work, benefits, vacation time, sick leave, job security, and grievance procedures. It also includes provisions for resolving disputes that may arise between the employer and the union, such as strikes and lockouts.
The CBA is an important tool for both the employer and the union. For the employer, it provides stability and predictability in labor relations, which can help to avoid costly disruptions to the business. For the union, it provides a framework for protecting the rights and interests of its members, and for building a strong collective bargaining unit.
In conclusion, a negotiated labor-management agreement is commonly referred to as a collective bargaining agreement (CBA). It is a legally binding contract between an employer and a labor union that outlines the terms and conditions of employment for the unionized employees. A CBA is a critical document in labor relations, as it has a direct impact on the working conditions, wages, benefits, and job security of the employees. Therefore, it is important for both parties to engage in a fair and effective bargaining process to achieve a mutually beneficial agreement.