A cooling-off period is an interval designated by regulation or agreement, during which specific actions, such as the launching of securities to the public or striking by a union, are prohibited to provide time for due consideration and resolution.
A colloquial term used to describe employees going on strike against their employer, usually as a protest against labor conditions, wages, or other employment terms.
A formal notification given by a union to an employer and relevant mediation agencies, signaling an imminent strike action due to unmet demands or rejected offers.
A strike vote is a vote cast by members of a union to authorize a strike against an organization. A clear majority is required for the vote to be effective, but the union leadership decides the timing and occurrence of the actual strike vote.
A sympathetic strike occurs when workers who are not directly involved in a dispute with their employer strike to express solidarity with workers who are on strike in another industry or sector.
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