labor negotiation; collective bargaining
Refers to formal discussions between employers and labor unions or workers' representatives about wages, working conditions, etc.
Labor negotiations broke down and a strike began.
The union is conducting labor negotiations with the company.
団体交渉 specifically means collective bargaining as a legal right, while 労働交渉 is a broader term for any labor-related negotiation.
Compound of 労働 (labor) and 交渉 (negotiation).