What is Arbitration?
Arbitration is a method of alternative dispute resolution in which a dispute is submitted to an impartial third person (arbitrator). The arbitrator is selected directly by the parties. When the parties submit to arbitration, they agree to be bound by and comply with the arbitrators’ written decision.
How does Arbitration work?
Arbitration sessions are held in person and, for the most part, are conducted in the Newark Office, 283-299 Market Street, Two Gateway Center, Newark, New Jersey. The process involves face-to-face and private sessions with the parties. The Arbitrator keeps the process informal and hears evidence and testimony from witnesses. The entire proceeding is in accordance with the Arbitration Rules and Regulations.
How do I request Arbitration?
An employer or union usually writes to the NJSBM (See Contact Us) and requests arbitration. The request must include contact information for both parties and the issue to be arbitrated. For first-time users, a copy of the Collective Bargaining Agreement, naming the NJSBM as the arbitration service provider, is requested. The process commences immediately.
How much does Arbitration cost?
The per diem cost for an Arbitrator is noted on the written arbitrator designation letter. The current per diem is $1,250.