Collective Bargaining
Collective agreements between trade unions and employers can regulate wages of workers according to the needs of the business.
Read more about this topic: Wage Regulation
Famous quotes containing the word collective:
“Anyone who is kind to man knows the fragmentariness of most men, and wants to arrange a society of power in which men fall naturally into a collective wholeness, since they cannot have an individual wholeness. In this collective wholeness they will be fulfilled. But if they make efforts at individual fulfilment, they must fail for they are by nature fragmentary.”
—D.H. (David Herbert)
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