BARGAINING PRIORITY Meaning and
Definition
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Bargaining priority refers to the relative importance or value assigned to certain issues or demands during a negotiation process, particularly in the context of collective bargaining between an employer and a labor union. It is the order or sequence in which issues are ranked or prioritized based on their significance and potential impact.
In labor negotiations, both parties bring forth a range of issues or demands that they seek to address and resolve. These can include items such as wages, benefits, working conditions, healthcare, job security, and other employment-related matters. However, due to limited resources, time, or the complex nature of negotiations, it becomes necessary to prioritize these issues.
The determination of bargaining priorities involves assessing the relative importance of each demand or issue based on various factors, including the urgency of needs, the level of support from union members or the workforce, the potential impact on employer operations or budget, and the feasibility of achieving a resolution.
By establishing bargaining priorities, negotiating parties can effectively allocate their time, resources, and efforts toward addressing the most crucial and impactful issues. Priorities may differ between parties, requiring compromise and negotiation to reach an agreement.
Ultimately, bargaining priorities guide the negotiation process as parties discuss, debate, and make trade-offs in order to reach a mutually beneficial agreement. The ability to effectively set and address bargaining priorities is essential for the success of the negotiation process and the achievement of satisfactory outcomes for both parties involved.
Common Misspellings for BARGAINING PRIORITY
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Etymology of BARGAINING PRIORITY
The etymology of the term "bargaining priority" can be traced back to the individual words "bargaining" and "priority".
1. Bargaining: The word "bargaining" originated from the Old English word "bargen", which means "to make a deal" or "to trade". It is related to other Germanic words like German "bargen" and Dutch "bargen". The term retains its original meaning of negotiating or making an agreement.
2. Priority: The word "priority" stems from the Latin word "prioritas", which means "the state of being before or earlier". It is derived from the Latin adjective "prior", which translates to "before". The concept of "priority" relates to putting something ahead of others in terms of importance.
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