IR Executive Question:

Collective bargaining is a negotiation between an employer or group of employers and a group of working people to reach an agreement on working conditions.
Collective Bargaining is a process of negotiation by collective action by a body of workers regarding their terms and conditions of service such as wage leave, norms of employment, gratuity, bonus and other benefits of the like nature.
In the Bargaining process, the main actors are employees, employers and their associations.