One of the main challenges the Republic of Moldova is currently facing and will continue to face in the coming years is that of need to adjust its economic and social systems in view of the process of globalization. This process cannot be managed equitably and efficiently without social dialogue among the main stakeholders. Despite its proven worth, social dialogue is far from being fully utilized in Moldova. In some enterprises, social dialogue has been weakened by developments that have tended to favor individual over collective action. In certain economic branches the social partners lack the capacity to bargain collectively. The emerging pattern of more complex and flexible types of employment has loosened many social ties and widened the disparities between the formal and informal economies. The main goal of social dialogue is to promote consensus building and democratic involvement among the main stakeholders in key aspects relating to the world of work. Successful social dialogue structures and processes have the potential to resolve important economic and social issues, encourage good governance, advance social and industrial peace and stability and boost economic progress. One of the key rewards of social dialogue is mutually rewarding relationships between partners which in turn lead to decent working environments, job satisfaction, and good enterprise performance and, in general, generate beneficial outcomes and rewards for all. The scope of the present article is to mirror the evolution of the social dialogue in Moldova with prior attention on collective bargaining as instrumental tool for vital and constructive dialogue.