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Simple English definitions for legal terms
collective-labor agreement
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A quick definition of collective-labor agreement:
A collective-labor agreement, also known as a collective-bargaining agreement, is a contract between an employer and a labor union that outlines the terms and conditions of employment, including wages, benefits, and how grievances will be handled. It is a legally binding agreement that helps to ensure fair treatment and working conditions for employees.
A more thorough explanation:
A collective-labor agreement, also known as a collective-bargaining agreement, is a contract between an employer and a labor union that outlines the terms and conditions of employment. This agreement covers various aspects of employment, including wages, benefits, working conditions, and grievance procedures.
For example, a collective-labor agreement may specify that employees receive a certain hourly wage, have access to health insurance, and are entitled to a certain number of vacation days per year. It may also outline the process for resolving disputes between employees and management.
Collective-labor agreements are important because they provide a framework for fair and equitable treatment of employees. By negotiating with management as a group, employees can often secure better wages and benefits than they would be able to on their own.