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Collective agreement   /kəlˈɛktɪv əgrˈimənt/   Listen
Collective agreement

Contract between labor and management governing wages and benefits and working conditions.  Synonyms: labor agreement, labor contract.

WordNet 3.0 © 2010 Princeton University

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"Collective agreement" Quotes from Famous Books

... of standardization can and does find expression under either method of wage payment; its adoption does not exclude the system of payment by results. The terms of all such systems, however, should be made the subject of collective agreement. In that way the group interest in a defined minimum standard wage is protected, and the principle of standardization realized. As Prof. Pigou has written, "In order that the piece-wage system, and the benefit to production which it carries ...
— The Settlement of Wage Disputes • Herbert Feis

Words linked to "Collective agreement" :   contract, yellow-dog contract, labor agreement

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