Asked by Harry Zhang on Jul 11, 2024
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Interest arbitration is voluntary in the private sector but often mandatory in the public sector.
Interest Arbitration
A dispute resolution method in which an impartial arbitrator makes a binding decision on the terms of a labor contract, used when negotiation parties cannot reach an agreement.
Voluntary
A term indicating that an action or process is undertaken by someone's own choice or consent, without external compulsion.
Mandatory
Something that is required or obligatory by law or rules.
- Gain insight into the variances between negotiations in public and private entities, highlighting the respective prohibitions and responsibilities.
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Learning Objectives
- Gain insight into the variances between negotiations in public and private entities, highlighting the respective prohibitions and responsibilities.
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