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The differential equation is
Bargaining Agent
A representative designated by employees to negotiate with the employer on their behalf, typically regarding wages, hours, and other terms of employment.
Settlement Range
The range within which parties are willing to negotiate and reach an agreement in a dispute.
Bargaining Committee
A group of employees or union members designated to negotiate labor contracts with their employer.
Hourly Wage
Payment to employees based on the number of hours worked, set as a rate per hour.
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