What is the role of arbitration in industrial relations?

Arbitration is an important tool in industrial relations. In Georgia, it is the process of resolving disputes between employers and employees without a trial. Instead, a neutral third party called an arbitrator listens to both sides of an argument and then renders a binding decision. An arbitration hearing is usually much less formal than a court proceeding. The arbitrator typically does not make rules or give legal opinions, but instead tries to reach a fair and equitable solution based on the facts of the case. The arbitrator listens to both sides of the case and may question witnesses or consider evidence to make a decision. Arbitration is important in industrial relations because it allows employers and employees to reach an agreement outside of the court process. This can be beneficial to both parties as an alternative to the expensive and lengthy court process. The process is also much more informal and allows the parties to have more control over the outcome. In addition to its use in industrial relations, arbitration is used in many other types of disputes as well. Arbitrators are used to settle disputes between companies, in labor relations, and even in family disputes. Overall, arbitration is an important tool in industrial relations law in Georgia. It allows disputes between employers and employees to be resolved in an informal setting without the need for a costly and lengthy court process. By providing an alternative to litigation, arbitration can help keep disputes from becoming acrimonious and help preserve amicable relations between employers and employees.

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What is the role of arbitration in industrial relations?

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