During recent negotiations between Bosben Textiles and its employees, the employer asserts that he will not give a 3% pay increase because it would put him at a competitive disadvantage. When the union requests to see financial data backing this, Bosben must comply.

Question

Quizplus · Accepted Answer

In most jurisdictions, employers are not legally required to disclose financial information to unions or employees during negotiations, unless such disclosure is explicitly required by the terms of a collective bargaining agreement or specific legislation.

During Recent Negotiations Between Bosben Textiles and Its Employees, the Employer