Which term describes an agreement between workers and management to determine wages, hours, and other conditions?

Which term describes an agreement between workers and management to determine wages, hours, and other conditions?

• A. Fringe benefits
• B. Wage gap
• C. Collective bargaining
• D. Right-to-work law

Answer: (C)

Collective bargaining is the process by which workers, typically represented by a union, negotiate with management to set wages, hours, and other working conditions. The goal is to reach a binding agreement that covers pay scales, overtime rules, benefits, safety standards, and grievance procedures for a specified period. This distinguishes it from fringe benefits (additional compensation or perks), the wage gap (differences in earnings across groups), and right-to-work laws (rules about union membership as a condition of employment). So the term best fits the idea of an agreement reached through negotiation between workers and management.

Collective bargaining is the process by which workers, typically represented by a union, negotiate with management to set wages, hours, and other working conditions. The goal is to reach a binding agreement that covers pay scales, overtime rules, benefits, safety standards, and grievance procedures for a specified period. This distinguishes it from fringe benefits (additional compensation or perks), the wage gap (differences in earnings across groups), and right-to-work laws (rules about union membership as a condition of employment). So the term best fits the idea of an agreement reached through negotiation between workers and management.