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1. Collective bargaining is an effective method for establishing cordial relations between labour and management.
2. Collective bargaining ensures continuous production activities at the unit level which provides more profit to the management and stability to the enterprise. Large scale use of collective bargaining facilitates industrial peace and development.
3. It minimizes the scope of friction and leads to prosperity of the industrial undertaking and the continued welfare of workers.
4. Collective bargaining provides lasting solution to the complex problems of industrial relations. It solves the dispute on a long term basis.
5. It is a constructive alternative to strikes. It solves the outstanding issues in a peaceful and friendly manner.
6. It offers benefits to employees as regards wages, working conditions, allowances, bonus payment, welfare facilities among others.
7. Collective bargaining creates industrial peace and maintains continuity in the production activities.
8. It facilitates the growth of strong, stable and democratic trade unionism in the country. It provides education to trade union leaders and replaces agitation approach of union leaders by constructive and democratic approach.
Dullayo answered the question on May 11, 2018 at 11:07
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