Faculty collective bargaining, once a radical departure in faculty-administration relations, is becoming a familiar and permanent feature on many campuses. Although faculty unionism has not yet reached the majority of 4-year colleges, it is of wide interest in higher education because of its wide potential for growth. To date, unions have varied widely in the relationships they have established with college administrations and in the range of issues they seek to cover in a collective bargaining agreement. This review discusses the effect of collective bargaining on faculty authority, contract administration, and the long-range implications inherent in collective bargaining. A 20-item bibliography is included. (Author/PG)