What can be a result of successful collective bargaining?

Successful collective bargaining often leads to increased wages for workers. This process involves negotiations between labor unions representing workers and employers to reach agreements on various employment terms, such as wages, benefits, working conditions, and job security. When bargaining efforts are fruitful, it typically results in a wage increase, reflecting the value of the workers' contributions to the organization and their need for a fair compensation that can accommodate the cost of living and inflation.

Increased wages can also help improve worker morale and retention, providing financial security and encouraging a more motivated workforce. This outcome exemplifies the power of collective action in advocating for the rights and needs of employees in the workplace, strengthening the overall labor movement and potentially improving working conditions across industries.