Bargaining power refers to the influence or strength possessed by an individual or group during negotiations. It determines how much control and advantage one has in achieving a favorable outcome.
Full definition
Authors don't have a lot of
bargaining power in the traditional publishing market and self - publishing is beginning to look very appealing.
That puts more
bargaining power with workers, and it's one reason why companies are turning to benefits like student loan assistance to sweeten the deal.
In addition to the law stripping teachers of
collective bargaining powers, the Republican - controlled legislature has cut education spending and expanded school vouchers.
In addition, this knowledge could also give you
great bargaining power when the time comes to negotiate your next salary increase!
Nearly all providers are now present on the internet which means you have more
bargaining power by requesting cost quotes to find the absolute best auto insurance dealer offers.
Employment contracts, in contrast to commercial contracts, are presumed not to be the product of an agreement between parties of
equal bargain power.
The suppliers have
little bargaining power to begin with; there is not much profit left to squeeze out of them by being an even larger athletic shoe company.
Developing countries will be more reluctant to seek such an exemption as they have far
less bargaining power in the negotiating room.
Compare mortgage features of the top offers, see how your bank stacks up,
gain bargaining power, and find the best mortgage rate for you.
Employers routinely violate core workplace standards, and too many workers
lack bargaining power to improve wages and working conditions.
This can affect your job search if you're the answer to their long - vacant position, and gives you more
bargaining power during salary negotiations.
Sometimes, a prospective employee may be at the losing end as they do not have enough credentials or job experience to build
substantial bargaining power.
This gives you some relatively
strong bargaining power, as the company will make money if you offer them payment of some portion of the debt.
A so - called super control board for troubled local governments has been discussed, which would assume much of the budgetary and
bargaining powers from local elected leaders.
Debt relief organizations form relationships with thousands of creditors, giving them
enough bargaining power to push creditors to forgive debt they normally would not.
And employees,
without bargaining power or an understanding of the law, not realizing their interests have been undermined.
A surge in supply of new rental properties has given tenants
added bargaining power when looking for a new place.
The relative balance of power remains with global corporations, and the weakness of labor's
bargaining power supports the profit share of gross domestic product (GDP).
When we use the phrase «most influential buying collective», we're referring to building
massive bargaining power by combining the purchases of millions of consumers.
This results in
bargaining power abuse and food waste, and in the end, consumers and manufacturers pay for it out their pockets.
Regardless of the data, however, that this week's chapter in the evolution of teacher union
collective bargaining power may expose more of the public to these issues is a good thing.
Creating and enforcing contracts is profoundly inefficient, even where the parties possess
equal bargaining power.
The perceived problem stems from the result of traditional outsourcing negotiations and the sense that these deals have always been one - sided in favour of the party with
greatest bargaining power.
In a down market, lawyers have
little bargaining power; but in good times, law firms compete financially for the best and the brightest.
When an employer reduces pay to offset its payroll tax increase, it could focus on workers who have
less bargaining power — typically those with low wages and benefits to begin with.
They usually lack the necessary information to assess the potential risk of their employer going bankrupt, and they have
limited bargaining power to protect themselves.
Such contracts are generally put in place to help strengthen a club's
bargaining power during transfers — just in case they decide to cash in on the player.
Compare mortgage features of the top offers, see how your bank stacks up,
gain bargaining power, and find the best mortgage rate for you.
Given the high costs of litigation and a lack of
bargaining power for those being sued, patent troll lawsuits can result in high settlements for the trolls (even when the patented claims are not valid).
If the exclusion clause applies, the second issue is whether the exclusion clause was unconscionable at the time the contract was made, «as might arise from situations of
unequal bargaining power between the parties» (Hunter, at p. 462).
Many school districts in the state extended teacher contracts through the 2011 - 2012 school year after Act 10, Gov. Scott Walker's law gutting collective
bargaining powers of most public employees, was implemented in 2011.
Phrases with «bargaining power»