What is the role of the National Mediation Board in labor disputes?

The National Mediation Board, or NMB, is an independent federal agency that plays an important role in labor disputes in New Jersey. It is tasked with helping to resolve labor-management disputes in the airline and railroad industries. The NMB mediates labor disputes and facilitates the negotiation of collective bargaining agreements between labor unions and management. The NMB also conducts elections to decide whether employees of an airline or railroad want to be represented by a union, and monitors the labor-management relations of carriers providing air and rail services. When a labor dispute arises in New Jersey, the NMB will try to assist the two sides in reaching a mutually satisfactory agreement. If the two sides cannot come to an agreement, the NMB may offer its assistance in formulating a plan for binding arbitration. With binding arbitration, a neutral third-party, known as an arbitrator, is hired to review both sides of the dispute and make a fair and binding decision. The NMB plays an important role in labor disputes in New Jersey, helping to ensure that the collective bargaining process is fair and that railway and airline employees have a voice in their working conditions. It also helps to protect both labor unions and management from unfair labor practices.

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What is the role of the National Mediation Board in labor disputes?

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