Good Faith Essentially

Posted in Human Resources Terms, Total Reads: 1189

Definition: Good Faith Essentially

Good faith essentially means being open and honest with each other. Good faith bargaining involves the two parties meeting regularly and carrying out discussions with the aim of reaching an agreement. However, it is not necessary that any one party must concede its terms of the agreement. It is also important that neither of the parties should try and deceive or mislead the other party.

Good faith bargaining is essential in negotiations between employer and employee as well as union and employer. It is also applicable in each and every step of all forms of collective bargaining.

Some of the key actions that have to be taken by bargaining representatives include:

• Provide relevant information whenever required

• Regularly attend meetings

• Genuinely considering the proposals of the other representatives

• Respond in time to the proposal of the other representatives

• Provide valid reasons for rejecting the proposal


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