Collective Bargaining Agreement

What Does 'Collective Bargaining Agreement' Mean?

It is the one that's carried out among one or more employers with one or more trade union companies or with workers who come together for aim of carrying out a usual negotiation, with aim of setting up usual conditions of work and wages for a specified time. It consists of a document signed by workers and employer 's' at the end of a collective bargaining.

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See also: Glossary [ C ]