Union

Bargaining Unit
A Bargaining Unit refers to a group of employees certified by the National Labor Relations Board (NLRB) to be represented by a union or bargaining agent. Legal constraints and guidelines govern the formation of these units.
Union
A union is an employee association designed to promote employee rights and work-related welfare. Union organizations are formally recognized under the Railway Labor Act and the Wagner Act, as well as by related legislation.

Accounting Terms Lexicon

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