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Consideration: Union Agreement

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Identify two considerations that would be needed in a negotiation session. Make sure to identify the two parties in the process and why you feel the need for the two considerations listed.

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Consideration during union agreement situations is discussed in a structured manner in this response. The related reference is also provided.

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The two parties in a negotiation session are the Union Representatives and the Management. An issue is a union contract.

From the perspective of a union, the two considerations are wages and benefits. Wages are necessary because these are the amount of compensation that members of the union will get. This includes bonuses or stipends which are a part of the compensation. The second consideration is benefits. Employee benefits include vacation time, vision or dental insurance, health insurance, life insurance, and pension. Each of these elements ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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