企业议价协议可以定义为在澳大利亚由组织协商的工资和工作条件。这是一份具有法律约束力的协议。企业协议可以在国家制度的雇主和雇员之间形成。企业协议是双方通过集体谈判进行的联合谈判。发现诚信努力是企业层面的。2009年的《公平劳动法》提供了一个简单而公平的框架，可以帮助雇主和雇员真诚地讨价还价，以维护企业协议的条款。企业协议包含雇主与工会达成的集体产业协议(Creighton and Forsyth, 2012)。这些集体协议原则上是为了确保对雇主有利，确保工作的灵活性。这也是为了保护公司员工的利益。
Enterprise bargaining agreement can be defined as the wage and working conditions that are negotiated at the by organizations, in Australia. This is a legally binding agreement. The enterprise agreement can be formed between national system employers and their employees. The enterprise agreements are joint negotiations that are used by the parties through collective bargaining. It is found that good faith efforts that are at an enterprise level. The Fair Work Act of 2009 has provided with a simple and fair framework that would help the employers and the employees bargain in good faith efforts to uphold the terms of the enterprise agreement. The enterprise agreement contained the collective industrial agreement that is formed between the employer and the trade union (Creighton and Forsyth, 2012). These collective agreements are made in principle to ensure that they benefit employers, ensure flexibility in the work. It is also designed to protect the interest of the employees of the firm.
In this analysis, it is assumed that the essay is generated by a human resource manager of a firm that employs around 100 workers. The terms and conditions are regulated by the modern award. The owners are wondering about the benefits of enterprise agreement. In this analysis, discussions will be made about the process that is followed for the enterprise bargaining agreement, legalities involved, requirements for consultation and finally retrospection as to which process is better. These have been done in more detail in the following.
As an inception step, the detailed discussions of the actual process involved in the enterprise agreement have been detailed. The steps involved are discussed below.