Your company will need to determine which negotiation tactics best serves its purposes.

Companies with high automation might choose to be extremely generous with their workers, which will impose higher costs on their competitors.

Companies with low automation will want to control labor costs. They might offer the lowest acceptable wage, which is 80% of the current contract and eliminate all benefits.

If a low wage/benefit tactic is employed, Employee Turnover rates (and therefore recruiting costs) will increase.  Turnover goes up by 1% for every dollar difference between your wages and the Industry Best.

If the Human Resource Module is activated, gains to the Productivity Index might be erased by a low wage/benefit tactic because the Productivity Index falls by 0.5% for every dollar difference between your wages and the Industry Best.