However, in general, wage disputes between unions and companies can be resolved through various means:
Negotiation: The most common way to resolve a wage dispute is through negotiation between the union and the company. Both parties may engage in bargaining sessions to discuss and negotiate terms such as salary increases, benefits, working conditions, and other issues related to employment contracts.
Mediation: If negotiations between the union and the company reach an impasse, a neutral third party, such as a mediator or conciliator, may be brought in to facilitate discussions and help the parties reach a mutually acceptable resolution. Mediation can help overcome differences and find common ground between the union and the company.
Arbitration: In some cases, if negotiations and mediation fail to resolve the wage dispute, the parties may agree to submit their dispute to arbitration. Arbitration involves a neutral arbitrator or panel making a binding decision on the terms of the employment contract, which both parties are legally obligated to follow.
Legal Action: If the wage dispute involves violations of labor laws or contractual obligations, either party may choose to take legal action through the court system. This could include filing lawsuits, seeking injunctions, or pursuing other legal remedies to enforce rights and obligations under the law.
Compromise: Ultimately, resolving a wage dispute often requires both parties to make compromises and concessions in order to reach a mutually acceptable agreement. Finding a balance between the interests and concerns of the union and the company is key to resolving the dispute and moving forward.
The specific resolution of the wage dispute between Verdi and Lufthansa would depend on various factors, including the positions and priorities of both parties, the state of negotiations, external factors such as market conditions and regulatory requirements, and the effectiveness of any mediation or arbitration processes that may be employed.
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