Analysis on Wage Collective Bargaining Strategy of Central Government-Owned Enterprises

Wage collective bargaining provides a feasible way to establish normal wage growth mechanism. Due to factor of property rights, the wage collective talk of central government-owned enterprises is different from classical wage collective negotiation. The paper suggests establishing a two-level framework for wage collective talk. Analysis based on cooperative game theory indicates industry-level tale participated by department in charge, industry labor union and monitor is the most favorable. As for enterprise-level wage talk covered by industry-level talk, the result based on Rubinstein-Stahl Alternating Offer Mode demonstrates that counter-biding abilities of agents decides employees´ actual wage increment rate working at central enterprises with the given distributable profits.