Labor Arbitration Process - Essay ExampleAnother common way of dispute resolution is mediation. It also involves the role of one mediator, but his role is more of a compromiser than a final decision maker. An arbitrator attempts to resolve a dispute by hearing from both management and workers to arrive an amicable solution, which is binding on both parties. The role of a mediator is facilitating the communication between deputed parties to find a solution by themselves in the presence of mediator. Rarely does the mediator exert pressure to accept a solution. Conciliation is another way out for labor problems, but it is more or less same as that of mediation. Today, arbitration is used worldwide as a mechanism of resolving labor problems, and indeed in many other areas. The common forms of arbitration can be defined as below (Arbitration and Mediation):"Compulsory arbitration is a dispute resolution that is required by law. Widely accepted in Australia and New Zealand, compulsory arbitration was practiced by the National War Labor Board during World War II.
