Arbitration is a long-standing alternative to court-based litigation. For example, the first institute for arbitration in Denmark was set up in Copenhagen in 1894. The process has a number of variant forms but, in essence, nominated third-parties (arbitrators) can make decisions which are binding on the parties to a dispute. Arbitration procedures can range between the informal and more rule-based systems that are similar to court procedures. Generally, arbitration is seen as providing such benefits as confidentiality, flexibility, speed and relative cheapness.
See also:
Based on the glossary section of Human Resource Management, 4th edition.
Human Resource Management, 4th edition
by Alan Price, editor HRM Guide
Human Resource Management provides a thorough and comprehensive treatment of all the key aspects of HRM.
More information and prices from:
- British pounds
- US dollars
- Canadian dollars
- Euros
- Euros
Fundamentals of Human Resource Management
Shortened version of Human Resource Management providing a concise analysis of the subject for non-specialists and one-semester courses.
More information and prices from:
- British pounds
- US dollars
- Canadian dollars
- Euros
- Euros
Contact
HRM Guide