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

  • Career Planning
    Career planning is the formal process through which someone becomes aware of personal ...
  • Transformational leadership
    Transformational leadership is a systematic form of leadership focusing on change and ...
  • Malcolm Baldridge Award
    Malcolm Baldridge Award is an award created by the U.S. Department of Commerce to recognize ...
  • Human resource development
    Human resource development is a set of planned activities intended to provide the organization ...
  • Transgender
    Transgender is an umbrella term for people whose gender identity and/or gender expression ...