How can collective bargaining influence worker compensation?

Collective bargaining is a process where representatives of workers negotiate with employers to establish the terms of employment, including worker compensation. The correct option highlights that one of the key outcomes of collective bargaining is the standardization of pay through negotiations. This means that collective bargaining can result in a consistent wage structure across similar roles within an organization or industry, ensuring that all workers are compensated fairly based on agreed-upon terms.

By negotiating collectively, workers can leverage their collective power to secure better wages, ensuring that compensation is not only competitive but also equitable among workers in similar positions. This process often leads to agreements that address wage disparities and set minimum pay levels, enhancing overall compensation packages.

In contrast, other options suggest limiting salary increases, increasing competition among workers, or excluding discussions on benefits, which do not represent the primary objective or outcome of collective bargaining. Instead, collective bargaining aims to enhance worker compensation and benefits through a unified approach, thus fostering a more supportive work environment.