Question

What are the types of interest arbitration?

O voluntary arbitration
O compulsory arbitration
O conventional arbitration
O combined arbitration

Answer 1

Interest arbitration is a method used to resolve labor disputes and can be categorized into three main types: voluntary, compulsory, and conventional arbitration.

Step-by-step explanation:

In the context of labor disputes, interest arbitration can take various forms, primarily differentiated by how participation in arbitration is initiated. There are typically three types of interest arbitration:

• Voluntary arbitration: Parties in a dispute mutually agree to submit their disagreement to an arbitrator. This process is not mandated by law but is rather a result of both parties seeking a resolution outside of court.
• Compulsory arbitration: The government or a legal body mandates that the disputing parties must engage in arbitration. This is often found in public sector labor disputes where strikes would have a substantial impact on public interest.
• Conventional arbitration: This is a form of voluntary arbitration where the terms and conditions of arbitration are predefined in a contract or an agreement between the parties.

Combined arbitration is not a typical category used to describe types of interest arbitration, so we will focus on the three main types as outlined above.