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What was the first attempt to equalize power between labor and employer?
Collective Bargaining
A negotiation process between employers and a group of employees aimed at establishing agreements regarding wages, working conditions, and other employment terms.
External Factor
Influences, trends, or variables originating outside of an organization that can affect its performance and decision-making.
Employer's Ability
An organization's capacity to meet its obligations, including paying salaries, providing benefits, and maintaining a safe work environment.
Salaried Employee
An employee who is paid a fixed salary rather than an hourly wage, typically receiving payment on a monthly or biweekly basis.
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