09 Jun Question Discussion 7 – Contract Settlement – MGT 405
Question
Discussion 7 – Contract Settlement – MGT 405
This week I would like you to share your comments regarding what influences most contract negotiations to go “down to the wire.” Also, I’m looking for your input regarding why contract negotiations wait for a strike deadline before the involved parties bargain more intensively. These questions are as follows. Please answer the two below questions. Please do no be brief.
In your opinion, why do most contract negotiations usually only get settled after a strike date has been issued?
Are there benefits for either party (the union or the company) to agree on a new contract early (before the current contract expires)?
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