The process that leads to an agreement on the condition of service between employer and employee is termed

Assessment: WAEC SSCE - Economics - 1996 (Objective) Subject: Economics

Question 1 Report

The process that leads to an agreement on the condition of service between employer and employee is termed
Answer Details
The process that leads to an agreement on the conditions of service between an employer and an employee is called collective bargaining. It involves negotiations between representatives of the workers (usually a union) and representatives of the employer to reach an agreement on issues such as wages, benefits, and working conditions. The goal of collective bargaining is to ensure that both parties are satisfied with the terms of the agreement and to avoid labor disputes such as strikes or lockouts.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning