The Way of Wage determination e Wages are set in many ways. Sometimes they are set by collective bargaining, that is, bargaining between firms and unions In the united states however, collective bargaining plays a limited role, especially outside manufacturing. Today, less than 25%of workers are covered by collective bargaining agreements For the rest, wages are set either by employers, or by individual bargaining between the employee 2003-7-13 102003-7-13 10 The Way of Wage determination Wages are set in many ways. Sometimes they are set by collective bargaining, that is, bargaining between firms and unions. In the United States however, collective bargaining plays a limited role,especially outside manufacturing. Today, less than 25% of workers are covered by collective bargaining agreements. For the rest,wages are set either by employers,or by individual bargaining between the employee