Bargaining refers to the process of negotiating for better prices, terms, working conditions, or other benefits between two or more parties, typically involving a give-and-take approach.
Collective bargaining is the process of negotiation between employers and a group of employees aimed at establishing agreements to regulate working conditions. The employees are usually represented by a trade union or another bargaining organization.
Holdback pay refers to wages or salary withheld from an employee by the employer until a specific condition is fulfilled. This may happen due to the time necessary for payroll computation or as security against cash advances or tools lent to an employee.
A labor agreement, also known as a labor contract or collective bargaining agreement, is an officially negotiated deal between management and labor unions detailing the terms of employment, working conditions, wages, benefits, and other employment-related matters.
A labor union is an association of workers formed to negotiate collectively with employers over wages, working conditions, benefits, and other aspects of employment.
Retroactive refers to any policy, payment, or legal effect applied to a prior time period. For instance, retroactive pay can be granted based on the provisions of a new collective bargaining agreement for work completed before or at the start of the new contract's implementation.
A rotating shift is a type of work schedule that continually changes the hours of work at predefined intervals. This schedule ensures that work is conducted around the clock, often involving different employees working various shifts over a certain period.
Individuals who work for an employer while a strike condition exists. The term, used by union members, is applied to nonunion and union members who cross a union picket line to perform work for an employer.
A shift is the designated period during which an employee is assigned to work, typically lasting eight hours with additional time allotted for breaks or a meal period.
A Union Contract, also known as a Labor Agreement, outlines the terms of employment between a company and its unionized workforce. These contracts typically include provisions related to wages, working hours, benefits, and other conditions of employment.
A labor agreement providing that existing employees may continue as union or nonunion members, but new employees must join the union.
