BUSM 1100 Lecture Notes - Bargaining Unit
Document Summary
Memorandum of settlement/agreement: summary of agreed terms and conditions that is submitted for approval. Ratification: formal approval by secret-ballot vote of the bargaining unit members. Collective agreement: memorandum of agreement serves as collective agreement until formal document prepared, can be supplemented by letters of understanding. Conciliation use of a neutral third party to help organization and the union representing a group of its employees to come to a mutually satisfactory collective agreement. Mediation the use (usually voluntary) of a neutral third party to help organization and the union representing a group of its employees to reach to a mutually satisfactory collective agreement. Arbitration use of an outside third party to investigate a dispute between an employer and union and impose a settlement. Interest arbitration a dispute between an organization and the union representing is employers over the terms of a collective agreement. Strike temporary refusal by bargaining unit members to continue working for the employer.
