Today, the LBC has four essential functions. These are: *To offer a forum to negotiate a collective agreement between employer and employee representative organizations *To administer the collective agreement entered into between employer and employee representative bodies in the laundry, dry cleaning & dyeing industry. The agreement covers standard terms and conditions of employment e. g rates of pay, benefits, holidays etc *To resolve labour disputes within the industry rather than referring them to the CCMA *To administer social benefit funds for employees (e. g. provident fund, sickfund and sick pay)