Three related studies sought to determine the overall job satisfaction of secondary school principals and the extent to which such satisfaction is affected by the collective bargaining process. One study was designed to illuminate the current role of principals in teacher-district collective bargaining in Pennsylvania and the relationship between that role and principal satisfaction. The purpose of a second study was to describe the current role of principals in self-interest bargaining. A third study attempted to determine the overall level of satisfaction of secondary principals in Pennsylvania as affected by variables related to collective bargaining. The responses of 532 secondary principals suggest that participation in the bargaining process has a positive effect on role satisfaction for secondary principals in Pennsylvania, that providing information for bargaining prior to its initiation is a preferred managerial activity, and that "at-the-table" bargaining roles decrease principals' satisfaction and may damage their relationships with staff. A slight majority of the respondents reported high overall job satisfaction; thus, the perceived level of dissatisfaction with items related to collective bargaining was not sufficient to undermine overall satisfaction. Finally, respondents favored a formal self-interest bargaining unit as most beneficial for attaining salary and welfare benefits. (Author/WD)