Collective bargaining plans are agreements between employees and employers, often facilitated by unions, that address common interests such as retirement plans and benefits. Strikes may occur if negotiations become difficult, but ideally, a balance is achieved between employee wants and employer capabilities. Collectively negotiated plans are agreements that are reached between employees and a group […]
Plea deals save time and money, but defendants must plead guilty to a lesser crime. Innocent individuals may face pressure to accept a plea deal, leading to a criminal record and other consequences. Defense attorneys benefit from avoiding trial costs, while prosecutors prioritize trying severe cases. However, plea bargains may evade true justice for the […]
Distributive bargaining is a negotiation strategy used in business and labor negotiations to allocate benefits or resources between parties. It differs from integrative bargaining, which focuses on mutual benefit. Examples include labor negotiations and business-to-business negotiations for discounted prices. Both parties make concessions to reach a compromise. Distributive bargaining is a type of strategy that […]
