Arbitration

Arbitration is a long-standing alternative to court-based litigation. For example, the first institute for arbitration in Denmark was set up in Copenhagen in 1894. The process has a number of variant forms but, in essence, nominated third-parties (arbitrators) can make decisions which are binding on the parties to a dispute. Arbitration procedures can range between the informal and more rule-based systems that are similar to court procedures. Generally, arbitration is seen as providing such benefits as confidentiality, flexibility, speed and relative cheapness.

See also:

Advisory, Conciliation and Arbitration Service (ACAS)
Alternative Dispute Resolution
American Arbitration Association
Australian Council of Trade Unions (ACTU)
Australian Industrial Relations Commission (AIRC)
Australian Workplace Agreement (AWA)
Codetermination
Collective Bargaining
Collectivization
Collectivism
Communication
Conflict

Based on the glossary section of Human Resource Management, 4th edition.

HRM Textbooks

Human Resource Management, 4th edition
by Alan Price
 Covers all the key aspects of HRM. Available from:
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Fundamentals of Human Resource Management
 Shortened version of Human Resource Management - concise analysis for non-specialists and one-semester courses.
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