Definition of Wagner Act
The Wagner Act, also known as The National Labor Relations Act of 1935 (NLRA), restricts employers or higher management to practice any unfair labor practices and it gives rights to employees to establish labor unions or bargaining unions to protect their rights.
- This act provides protection rights to employees in strike disruptions from companies, federal and state governments.
- This act looked after the strikes that may cause trouble to the employer. Here collective bargaining concept is introduced for making the peaceful relationship between employee and employers. Collective bargaining helps reduce the financial losses resulting due to violent strikes.
- It promotes healthy communication between both parties.