Labor Agreement (Noun)
Meaning
Contract between labor and management governing wages and benefits and working conditions.
Classification
Nouns denoting communicative processes and contents.
Examples
- The new labor agreement ensured that workers received a fair wage and safe working conditions.
- The company and the union negotiated a labor agreement that included increased benefits and a shorter workweek.
- A key provision of the labor agreement was the establishment of a grievance procedure to resolve disputes.
- The labor agreement included provisions for overtime pay, vacations, and retirement plans.
- After months of negotiations, the company and the union reached a labor agreement that satisfied both parties.