Definition

Good Faith Bargaining

Good faith bargaining is the cornerstone of effective labor-management relations. It means that both parties communicate and negotiate, that they match proposals with counterproposals, and that both make every reasonable effort to arrive at an agreement. It does not mean that one party compels another to agree to a proposal.

Good Faith Bargaining is a term that means both parties are communicating and negotiating and those proposals are being matched with
counterproposals with both parties making every reasonable effort to arrive at agreements. It does not mean that either party is
compelled to agree to a proposal.


Good Faith Bargaining is a term that means both parties are communicating and negotiating and those proposals are being matched with
counterproposals with both parties making every reasonable effort to arrive at agreements. It does not mean that either party is
compelled to agree to a proposal.

Share it:  Cite

More from this Section

  • Competency
    Competency means any knowledge, skill, trait, motive, attitude, value or other personal ...
  • Employer of choice
    Employer of choice is a term used to describe a public or private employer whose practices, ...
  • Incentive stock option
    Incentive stock option is an employee stock option plan that allows options to be granted ...
  • Hawthorne effect
    Hawthorne effect is a term produced as a result of an experiment conducted by Elton Mayo ...
  • Premium only plan (POP)
    Premium only plan (POP) can be defined as considered to be the most basic type of Section ...