Bargaining Practices Examples
Differences of Private Sector and Public Sector Bargaining Practices
Public sector bargaining practices are implemented by government and follows the terms and conditions made by government. Public sector develops administrative structure and there is a collective agreement which determines the tax level for each individual and employees benefit from the government services. Public sector is concerned with public interest and it does not focus on product market but rather it focus on public services and the level of taxes from public (Holley, Jennings, & Wolters, 2012).
Private Sector Bargaining Practices
On the other hand, private sector bargaining practices involves private parties in making decisions based on costs and benefits. Private sector is interested with economic and maximization of private interest and it is much concerned with product market. Other difference arises in the bargaining structure and the main different occurs in the management (Holley, Jennings & Wolters, 2012). Writers who offer public relations assignment help at Edudorm essay writing service notes that in private sector, authority is given by people who are in the bargaining table while in public sector, people who conduct bargaining practices at the bargaining table do not have authority but rather authority is given by the legislative body. On the structure, other differences are as a result of bargaining units. Private sectors have one or two units while private sectors have multiple units.
The Most Preferred Bargaining Practices
The differences of bargaining practices in the presented constituencies, factor the private sector in that private sectors reduced poverty and accelerate economic growth. It boosts the standards of living and improves the employment rate. Constituencies benefit much from private sectors since they are sources of tax revenue and ensure the flow of capital (Holley, Jennings, & Wolters, 2012). Experts who offer human resource assignment help at Edudorm essay writing service indicates that on the other hand, public sector plays a great role in the constituency since it creates a healthy environment which encourages effective business activities.
Example of a Private Sectors Bargaining Practices
Example of a private sectors bargaining practices is in the clothing industry. Authors who offer social science assignment help at Edudorm essay writing service points that clothing industry plays a great role in developing countries as they bring both economic and social development. They develop new jobs incomes and policies which helps the developing countries to sustain the economic development. Example of a public sector bargaining is transport department (Holley, Jennings, & Wolters, 2012).
Conclusion
Government develops a strategic framework of ensuring that there is an effective transport network and transport matters are controlled. The government is also responsible in maintaining economic growth through providing reliable transport networks and effective environmental performance.
Reference
Holley, W. H., Jennings, K. M., & Wolters, R. S. (2012). The labor relations process. Mason, OH: South-
Western Cengage Learning.
