Collective Bargaining Agreement
The contractual agreement between an employer and a LABOR UNION that governs wages, hours, and working conditions for employees and which can be enforced against both the employer and the union for failure to comply with its terms. Such an agreement is ordinarily reached following the process of COLLECTIVE BARGAINING. A high profile example of such bargaining happens in the world of professional BASEBALL.
- Collective Bargaining - National Labor Relations Act, Law Of Collective Bargaining
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