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Collective Agreements (Compulsory benefits (Public holidays, Annual leave,…
Collective Agreements
Compulsory benefits
Public holidays
Annual leave
Hours of work and overtime
Central Provident Fund (CPF) Contributions
Salary and bonus
Retrenchment/Layoffs/Downsizing
Sick leave
Maternity and childcare leave
Levels of collective bargaining
Industry Level
Territorial / Geographical level
Plant Level
National Level
Unit Level
Objectives of employee benefits
To fulfill the needs of employees
To provide employees with benefits prevailing in similar organisations.
To attract and retain best employees
Special allowances are given to supplement regular income so that employees can participate in social and cultural activities.
Types of collective bargaining
Co-operative or Integrative Bargaining
Composite Bargaining
Conjunctive or Distributive Bargaining
Productivity Bargaining
Components in hotel's collective agreements
Study leave
Health Insurance
Medical co-payments
Dental Benefis
Challenges to having voluntary benefits
Hard to track and manage
Manual process
Disconnection between voluntary benefits and employee health
Voluntary benefits
Security
Wealth and lifestyle
Legal
Financial counselling
Health benefits
Medical or Dental
Vision
Importance of collective bargaining
Importance to employers
Importance to society
Importance to employees
Advantages and disadvantages of collective bargaining
Advantages
encourages cooperation
creates enforcement consistency.
improve a worker’s quality of life
gives workers a larger voice
creates a binding result
Disadvantages
comes at a cost
may require a dues payment.
highlights personal differences
can change the workplace environment
What is collective bargaining
Collective bargaining is the process of negotiating the terms of employment between an employer and a group of workers
What are employee benefits?
non-salary compensation that can vary from company to company.
What is a collective agreement
A Collective Agreement (CA) is an agreement made between an employer and a trade union of employees on the terms and conditions of employment for the employees.