labor agreement

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labor agreement

The union and management signed a new labor agreement.

Definition

Noun: A formal, written contract negotiated between a labor union (representing employees) and an employer or employer association. This contract governs the terms of employment, including wages, benefits, working hours, and conditions, for a specified period.

Usage

A "labor agreement" is a specific, legally binding document. It is the result of collective bargaining and outlines the rights and responsibilities of both workers and management. * The new labor agreement includes a significant raise for all union members. * Negotiations for a renewed labor agreement began six months before the old contract expired. * The strike was averted when both sides finally signed the labor agreement.

Advanced Usage
  • "To be under a labor agreement": To be employed in a position where the terms are set by a collective bargaining contract.
    • Most of the factory workers are under a labor agreement that guarantees them healthcare.
  • "To ratify a labor agreement": When union members vote to formally approve and accept the negotiated contract.
    • The membership will meet next week to ratify the new labor agreement.
Variants and Related Words
  • Collective bargaining agreement (CBA): A direct synonym, often used interchangeably with "labor agreement."
  • Union contract: A more informal term with the same meaning.
  • Master agreement: A specific type of labor agreement that sets standard terms for multiple employers within an industry or region.
Synonyms
  • Collective bargaining agreement (CBA)
  • Union contract
  • Trade agreement (in a labor context)
Related Phrases
  • To negotiate a labor agreement: The process of collective bargaining between union and management representatives.
    • It took months to negotiate a fair labor agreement.
  • To be bound by a labor agreement: To be legally obligated to follow the terms of the contract.
    • Both the company and the union are bound by the labor agreement for its three-year duration.
labor agreement

The union and management signed a new labor agreement.

Noun
  1. contract between labor and management governing wages and benefits and working conditions

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