Wage Regulation - Collective Bargaining

Collective Bargaining

Collective agreements between trade unions and employers can regulate wages of workers according to the needs of the business.

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Famous quotes containing the word collective:

    “The popularity of disaster movies ... expresses a collective perception of a world threatened by irresistible and unforeseen forces which nevertheless are thwarted at the last moment. Their thinly veiled symbolic meaning might be translated thus: We are innocent of wrongdoing. We are attacked by unforeseeable forces come to harm us. We are, thus, innocent even of negligence. Though those forces are insuperable, chance will come to our aid and we shall emerge victorious.”
    —David Mamet (b. 1947)