labor agreement
/ˈleɪbər əˈɡriːmənt/ · la·bor a·gree·ment
noun
- A written or verbal agreement between an employer and a group of employees that outlines the terms and conditions of employment, including wages, benefits, and working conditions. The labor agreement between the union and the management was ratified after several months of negotiations.
- A contract or agreement between two or more parties that involves labor or work-related activities. The construction company signed a labor agreement with the local union to ensure fair wages and working conditions for all employees.
Synonyms
collective bargaining agreementlabor contractemployment agreementwork agreementunion contractlabor pactemployment contract
Antonyms
Did you know? The first labor agreement in the United States was signed in 1869 between the National Labor Union and the government, establishing the eight-hour workday.