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Collective Bargaining Agreement |
Also found in: Medical, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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The contractual agreement between an employer and a Labor Union that governs wages, hours, and working conditions for employees and which can be enforced against both the employer and the union for failure to comply with its terms. Such an agreement is ordinarily reached following the process of Collective Bargaining. A high profile example of such bargaining happens in the world of professional Baseball. |
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The only problem is that such a change probably would have to be written into the league's collective bargaining agreement, which doesn't expire until after the 2010-11 season. Once an AWA is in operation, it totally displaces any existing award or collective bargaining agreement. The appeals court found that the obligation to maintain the status quo under a collective bargaining agreement, that mirrored the percentage pay terms of the original statute, did not serve as an alternative basis for an impairment of contract claim. |
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Collective Bargaining Agreement
