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Collective Bargaining Contract. This paper is written on collective bargaining contracts. Collective bargaining lies at the very foundation of today's industrial relations. It is the relationship between employers and employees via which contracts of employment are negotiated, under the aegis of a labor organization such as a trade union. The union tries to highlight the collective demands of the workers under its auspices, and the employer tries to negotiate a suitable contract that does not contravene existing labor laws.
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