Compulsory arbitration

Compulsory arbitration,

Definition of Compulsory arbitration:

  1. Legally forcing labor and management to submit a dispute to a legally designated neutral third party to settle issues not resolved by collective bargaining, most often to prevent a strike that might seriously affect the public. Also called binding arbitration because the decision is final and binding.

Meaning of Compulsory arbitration & Compulsory arbitration Definition