Beatrice Webb, an English economic theorist, is credited for having coined the term “collective bargaining” in 1891. She described it as a process where employees collectively empower representatives to negotiate their employment terms with employers. This method, an alternative to individual bargaining, aimed to enhance working conditions and was a key focus of trade unions. Webb’s work highlighted the economic aspect of collective bargaining, offering numerous illustrative examples. In her book, “Industrial Democracy”, she stated that;
Related Posts
- April 17, 2024
- 0
- 3529
Regulatory Framework for Diaspora…
In 2023, remittances from Kenyans abroad surged to USD 4.19 billion, marking a 4.0% increase from the previous year and surpassing revenue from tourism as Kenya's leading source of foreign…
Read more - April 11, 2024
- 0
- 4158
The Genotype of Successful…
Building successful startups involves raising capital financing and developing innovative products or services with rapid growth potential. Success often means achieving a liquidity event, such as selling the company or…
Read more - April 4, 2024
- 0
- 3581
The Implications of the…
With the enactment of the National Social Security Fund (NSSF) Act, 2013, the Act sought to increase the contribution rates from Kshs. 400 to 12% of an employee’s monthly earnings,…
Read more