Collective bargaining agreement (CBA) is a legal agreement between an employer and a labor union that outlines the terms and conditions of employment for the unionized employees in the workplace. This agreement is collectively negotiated between the employer and the union, with the intention of regulating the employment relationship and setting standards for the workplace.

CBAs typically include provisions that cover a wide range of issues, such as wages, benefits, hours of work, job security, and workplace safety. They also outline grievance procedures for resolving disputes between the employer and the union, and the right to strike or engage in other forms of labor action.

One of the most important aspects of a CBA is that it is binding on both the employer and the union. This means that both parties are legally obligated to adhere to the terms of the agreement. This provides job security for unionized employees and ensures that the employer cannot make unilateral changes to the terms and conditions of their employment.

CBAs are often negotiated for a specific period of time, typically two to five years, and can be renegotiated upon expiration. This allows both parties to revisit and update the terms of the agreement based on changes in the workplace or the economy.

CBAs are an important tool for both employers and unions to establish clear and fair standards for the workplace. By negotiating a collective agreement, the employer can ensure that their workforce is productive and efficient, while the union can protect the rights and interests of their members.

In conclusion, a collective bargaining agreement is a legally binding document that sets the terms and conditions of employment for unionized employees in the workplace. It is a product of collective negotiation between the employer and the union, and it covers a range of issues such as wages, benefits, hours of work, job security, and workplace safety. With a CBA in place, both the employer and the union can work together to create a productive and fair workplace for all employees.