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  2. Collective bargaining - Wikipedia

    en.wikipedia.org/wiki/Collective_bargaining

    Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden, Belgium, and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of ...

  3. Multiple Equivalent Simultaneous Offers - Wikipedia

    en.wikipedia.org/wiki/Multiple_Equivalent...

    "Negotiation theory and research has articulated that in multi-issue negotiations, making package offers is superior in achieving integrative outcomes than negotiation each issue sequentially." [ 1 ] Furthermore, research has shown that the negotiator who makes an aggressive first offer tends to secure better outcomes than those who respond to ...

  4. Negotiation - Wikipedia

    en.wikipedia.org/wiki/Negotiation

    Due to globalization and growing business trends, negotiation in the form of teams is becoming widely adopted. Teams can effectively collaborate to break down a complex negotiation. There is more knowledge and wisdom dispersed in a team than in a single mind. Writing, listening, and talking, are specific roles team members must satisfy.

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  6. Projected COLA for 2025: September update — how it's ...

    www.aol.com/finance/social-security-cost-of...

    Frequently asked questions. Learn more about Social Security and your benefits with these commonly asked questions. And take a look at our growing library of personal finance guides that can help ...

  7. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Base salary is provided for doing the job the employee is hired to do. The size of the salary is determined mainly by 1) the prevailing market salary level paid by other employers for that job, and 2) the performance of the person in the job. Many countries, provinces, states or cities dictate a minimum wage. Employees' individual skills and ...

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  9. Arbitration - Wikipedia

    en.wikipedia.org/wiki/Arbitration

    It takes its name from a practice which arose in relation to salary arbitration in Major League Baseball. Night Baseball Arbitration is a variation of baseball arbitration where the figures are not revealed to the arbitration tribunal. The arbitrator will determinate the quantum of the claim in the usual way, and the parties agree to accept and ...