What is Good Faith Bargaining?

Whether you're a beginner or an expert, you will find this Glossary useful.

Good faith bargaining refers to a type of negotiation in which all parties want and try to achieve a reasonable agreement with a positive outcome for all included parties.

what-is-good-faith-bargaining

Good faith bargaining definition

Good faith bargaining refers to a type of negotiation in which all parties want and try to achieve a reasonable agreement with a positive outcome for all included parties.

In goal set bargaining it is important to act ethically and trutfully and that no party is 'giving in' or trying to deceive or mislead the other party.

Good faith bargaining process

This process includes steps like:

• Providing relevant information whenever required

• Regularly attending meetings

• Genuinely considering the proposals of other parties

• Responding in time to the proposal of other parties

• Providing valid reasons for rejecting the proposal


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