Understanding Bipartite and Tripartite Agreements in Employment and Business

Bipartite and Tripartite Agreements are commonly used in various contexts, including employment and business transactions.

A Bipartite Agreement involves two parties, typically an employer and an employee or two companies. This type of agreement outlines the terms and conditions of their relationship or transaction.

On the other hand, a Tripartite Agreement involves three parties. In the context of employment, it could include an agreement between an employer, a trade union, and an employee. This agreement may detail the rights and obligations of each party and is often used to regulate labor relations.

In summary, while a Bipartite Agreement involves two parties, a Tripartite Agreement involves three parties. Both types of agreements are essential for clarifying the roles, responsibilities, and terms of engagement between the involved parties.

An agreement arrived at between the management and the workmen on their own without any interference from the government under section 18(1) is referred to as a Bipartite settlement. It is applicable to those who are a party to the settlement.

A Tripartite agreement is arrived at during conciliation proceedings before the conciliation officer and is referred to as a Tripartite settlement. This covers all workmen present and future and all unions, even if they are not a party to the settlement. This is called a 12(3) settlement.

Siva

Dear Vijay,

You do not need to have sample copies of both agreements because the demands may vary. The only difference will be at the place of signature: in a Tripartite agreement, it will be signed by three people including the government body, whereas in a Bipartite agreement, it will only have the signatures of the employer (management) and labor representatives.

Thank you.