This chapter assesses the role of collective bargaining in labour market performance in OECD countries. It is based on the detailed characterization of collective bargaining systems and practices presented in the previous chapter. Based on a rich mix of data from countries, sectors and workers, this chapter examines the link between different wage conditions and employment, wages, wage inequality and productivity. It will then examine how large-scale worker and employer organisations, administrative enlargements, organized forms of decentralisation and wage coordination can contribute to a better balance between inclusion and flexibility in the labour market. This chapter proposes a comprehensive and current review of collective bargaining systems and language agreements for workers in OECD countries. Despite the decline in trade union density and wage setting over the past 40 years, collective bargaining remains an important institution in the labour market. Nevertheless, understanding of this key institution is limited by the fact that collective bargaining systems are often described using coarse and oversimplified indicators in the literature. This chapter details the characteristics of collective bargaining systems that are particularly important for labour market outcomes. This chapter discusses how collective bargaining and the voice of workers can be flexible instruments that complement labour market regulation to promote a more profitable and inclusive future for work. This chapter examines the type of state intervention that may be needed to keep bargaining systems healthy and make the most of collective bargaining in a changing world of work. Finally, the chapter outlines how existing institutions and social partners are adapting to new labour market challenges, as well as the role of emerging actors and practices.
The Role of Collective Bargaining Systems for Good Labour Market Performance Collective bargaining and gender policy: Can collective bargaining help close the gender pay gap? Negotiations on the way to the top bring new knowledge about the impact of collective bargaining systems on employment, job quality and inclusion in the labour market and examine their renewed role in a changing world of work.