Describe the steps that management and the union take to prepare for and ultimately reach a collective bargaining agreement.

Several months before negotiations begin, the parties will start preparing by gathering relevant information, reviewing the existing contract, examining grievances, reviewing company financial information, and evaluating costs. The union will likely survey its members to find out what their priorities are. Both parties will also prepare a strike contingency plan. From this information, the parties will then identify their priorities, targets, and outline a strategy for negotiations . Initial bargaining proposals will be created. In accordance with the law, the parties will notify the Federal Mediation and Conciliation Serve about the expiration of their contract and schedule negotiation times. Once at the bargaining table, they will establish ground rules, negotiate over the issues, and reach a tentative agreement. This agreement will be presented to the rank and file for approval and, assuming approval is granted, a contract will be signed.