What is the main goal of "collective bargaining"?

The primary goal of collective bargaining is to establish agreements regarding wages and working conditions between employers and employees, typically represented by unions. This process aims to ensure that employees have a voice in their working conditions, including pay, benefits, hours, and other employment terms. Through negotiation, both parties work towards a mutually acceptable contract that lays out the rights and responsibilities of each side, ultimately promoting a more equitable workplace.

The emphasis on agreement regarding wages and working conditions highlights the fundamental purpose of collective bargaining, which is to address the interests and needs of workers in the context of their employment. Therefore, this option accurately encapsulates the essence of collective bargaining as a crucial aspect of labor relations, focusing on enhancing the welfare of employees through formal negotiations.