Yes, the arbitration process in the EFCA is a good idea, because it allows employers, employees, and unions a cost-effective way to discuss differences. Arbitration is usually cheaper and faster than going through costly litigation. Employees often cannot afford costly litigation. Arbitration is a good way to resolve differences, and works in the arena of EFCA disputes.
It is a good idea because this gives employers and employees a better chance of reaching an agreement. It eliminates costly legal fees and courts that can drag on and on. It gives the employees more rights and more of a chance to speak up about issues that are concerned with.