Final answer:
Employers have a natural advantage in bargaining with employees due to greater bargaining power, legal advantages, employee scarcity, and the absence of collective bargaining rights.
Step-by-step explanation:
Employers have a natural advantage in bargaining with employees due to several factors:
- Greater bargaining power due to resources: Employers often have more resources, such as financial capital and access to information, which gives them a stronger position in negotiations.
- Legal advantages: There are certain laws that give employers more power, such as the ability to set terms and conditions of employment.
- Employee scarcity: In situations where job opportunities are limited, employers have a greater advantage as they can choose from a pool of candidates.
- Collective bargaining rights: Without a labor union representing employees, employers can negotiate individually with each employee, giving them more control over the terms of the agreement.