Legal analysis: There are many labor contract disputes, which have an impact on listed companies and will affect their image in the public. The public may think that listed companies exploit workers and may even seriously affect the stock price. Therefore, companies preparing to go public will generally avoid labor arbitration and litigation, and generally adopt a negotiation method. However, if the workers demand too much, the unit is not afraid of employee labor arbitration, that is to say, the labor dispute arbitration commission arbitrates and awards the labor disputes that the parties apply for arbitration.
Legal basis: Article 77 of the Labor Contract Law of People's Republic of China (PRC) stipulates that if the legitimate rights and interests of workers are infringed, they have the right to request the relevant departments to handle it according to law, or apply for arbitration or bring a lawsuit according to law.