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Social partnership is a system of relationships between employees, employers, regional executive authorities, aimed at ensuring the coordination of the interests of employees and employers on the regulation of labor and other relations directly related to them.
The goal of social partnership is to develop the economy, improve working conditions and raise the living standards of workers. The system of social partnership makes it possible to impart a social character to the market economy, direct its development for the benefit of society, and coordinate private and public interests.
Social partnership is implemented on the principles of equality, respect and consideration of the interests of the parties; their compliance with laws and other regulations; freedom of choice and voluntary decision-making; the obligation to fulfill collective bargaining contracts, agreements, responsibility for their failure.