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What term refers to the negotiation process between employers and a group of employees regarding terms of employment?

  1. Coaching

  2. Collective Bargaining

  3. Bumping

  4. Benchmark Job

The correct answer is: Collective Bargaining

The term that refers to the negotiation process between employers and a group of employees regarding terms of employment is collective bargaining. This process involves discussions and agreements on various aspects such as wages, working conditions, benefits, and other employment terms. Collective bargaining is typically conducted between representatives of the employer, such as management or human resources personnel, and representatives of the employees, often through a labor union. During collective bargaining, both parties aim to reach a mutually beneficial agreement that addresses the needs and concerns of employees while considering the operational capabilities and limitations of the employer. This process plays a crucial role in establishing workplace standards and protecting employee rights, fostering an environment where both management and employees can collaborate towards common goals. Other terms in the options have different meanings: coaching refers to the guidance and support provided to individuals to improve performance, bumping relates to a process in layoffs where a more senior employee may take the position of a less senior employee, and benchmark job pertains to a job used as a standard for comparison in job evaluations and compensation studies. These concepts do not pertain to the negotiation of employment terms, making collective bargaining the correct term for this process.