When Labor and Management Have Attempted to Negotiate a Contract

question 161

Short Answer

When labor and management have attempted to negotiate a contract but good faith bargaining has not resulted in a settlement, they are said to have bargained to _____________________________.

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Definitions:

Employment Relationship

The formal and informal relationship between an employer and an employee, defined by rights, responsibilities, and obligations.

Psychological Contract

An implicit agreement between an employee and employer that outlines the informal obligations and expectations of their professional relationship.

Exchange Of Values

The process where parties engage in transactions or interactions, each offering something of value to the other, aiming for mutual benefit.

Personal Wellness

The practice of making choices towards a healthy and fulfilling life, encompassing physical, mental, and emotional well-being.