What types of third-party interventions are available when negotiations between unions and employers break down?

What will be an ideal response?

Answer: At times negotiations break down, even though both labor and management may sincerely want to arrive at an equitable contract settlement. Several means of removing roadblocks may be used in order to get negotiations moving again. In mediation, a neutral third party enters the negotiations and attempts to facilitate a resolution to a labor dispute when a bargaining impasse has occurred. A mediator basically acts like a facilitator. The objective of mediation is to persuade the parties to resume negotiations and reach a settlement. In arbitration, a dispute is submitted to an impartial third party for a binding decision; an arbitrator basically acts as a judge and jury. There are two principal types of union management disputes: rights disputes and interest disputes. Disputes over the interpretation and application of the various provisions of an existing contract are submitted to rights arbitration. The other type of arbitration, interest arbitration, involves disputes over the terms of proposed collective bargaining agreements.