I knew Arbitration is binding.
What i didnt know that there's no compromise.
It's either his side, or your side.
Nothing inbetween.
You either get everything you want. Or he gets everything he wants 😱
um, you could go to non-binding arbitration as well.
ahhh.. thxThats what is sometimes called "baseball" arbitration (because that is the type of arbitration they use for MLB salary arbitration).
In "regular" arbitration (whether it be binding or non-binding) the arbitrator can award anything that the evidence dictates.
MotionMan
What was lost? In my experience the arbitrator usually will go right down the middle unless one side is just being ridiculous, in which case he will side with the opposite one just to teach the side that is being dumb a lesson.
Originally Posted by Corporate Thug
um, you could go to non-binding arbitration as well.
lol.. thats called mediation
friend is in a weird union in that it does not strike?!?! 😱
but company also does not lock out.
if they fail to come to agreement on contract, it goes to arbitration.
arbitrator sided with Union and they got the raise they asked for.
A raise in these tough economic times??? 😱
Friend told me that's because the company's offer was probably rediculous but he has no idea what their offer was.
I was just surprised it was either or, and the arbitrator didnt come somewhere inbetween.
MotionMan's reply makes sense.
^ The arbitrator may have thought that the company was being totally unreasonable and have tried to teach them a lesson, or that the union was actually being reasonable.
Having been involved in both bind and non-binding arbitration, I can confirm that both are different than mediation, and that most often, the arbitrator will come to a reasonable conclusion that leaves both parties unsatisfied.
I learned a long time ago that the "best" settlement, and the most likely settlement result, is one that both sides are equally unsatisfied with.
MotionMan
I learned a long time ago that the "best" settlement, and the most likely settlement result, is one that both sides are equally unsatisfied with.
MotionMan
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