What is the role of arbitration in industrial relations?

Arbitration is a type of dispute resolution used in industrial relations. It is a form of alternative dispute resolution (ADR) and is often used to settle disputes between employers and employees. It is a process whereby a neutral third party (the arbitrator) evaluates the facts of the case in an attempt to reach a resolution that is acceptable to both parties. The aim of arbitration is to avoid the costs associated with the traditional court process. By avoiding litigation, the parties are able to save time, money, and other resources. In addition, the process is often less formal and less costly than the court system. During arbitration, the arbitrator will listen to both parties’ arguments and review evidence and testimony as necessary. The arbitrator may also suggest solutions and encourage the parties to come to an agreement. If the parties are unable to reach a resolution on their own, the arbitrator ultimately decides the outcome. In Washington, arbitration is often used in cases involving labor disputes, such as wage and hour disputes and collective bargaining issues. The process provides a forum where the parties can hash out their differences and reach an arrangement that is mutually satisfactory. This helps to ensure that both employers and employees are treated fairly, and that their rights are respected.

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What is the role of arbitration in industrial relations?

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