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WordNet-Online
Definitions from WordNet
Noun labor agreement has 1 sense
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Definitions from the WebLabor AgreementA labor agreement, also known as a collective bargaining agreement (CBA), is a legally binding contract between an employer and a labor union or employee representative. It outlines the terms and conditions of employment, including wages, benefits, working hours, and other rights and responsibilities of both parties. Sense 1: Employment TermsIn a labor agreement, the employment terms are clearly defined, ensuring that both employers and employees understand their obligations and entitlements. These terms may encompass wages, overtime pay, vacation and sick days, health insurance, retirement plans, and other benefits. Example sentence: The labor agreement between the company and the union stipulates a 5% annual wage increase for all employees. Sense 2: Dispute ResolutionLabor agreements often include provisions for resolving disputes between employers and employees or their union representatives. These provisions may involve arbitration or mediation to reach a mutually acceptable solution. Example sentence: The labor agreement has a detailed procedure for resolving disputes, including the appointment of an independent arbitrator. Sense 3: Workplace Safety and ConditionsMany labor agreements address workplace safety regulations, ensuring that employers maintain a safe and healthy working environment. They may cover topics such as equipment maintenance, training, protective gear, and protocols for handling hazardous materials. Example sentence: The labor agreement mandates regular safety inspections and requires employees to undergo training on proper handling of chemical substances. Sense 4: Local Labor AgreementsIn addition to broader labor agreements, there are also local labor agreements that cater to specific industries, regions, or even individual companies. These agreements may include additional provisions tailored to address the unique needs and challenges of the local workforce. Example sentence: The local labor agreement between the construction company and the artisan guild has specific clauses to ensure fair competition and protect the rights of local craftsmen. Related Products | ||||
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