labor agreement
nounUK /ˈleɪ.bər əˈɡriː.mənt/
US /ˈleɪ.bɚ əˈɡriː.mənt/
A written promise between workers and bosses about how work will be done.
The new labor agreement gives workers two extra days off each month.
RELATED WORDS
OTHER MEANINGS
2. A formal deal that sets pay, hours, and safety rules for a group of employees.
Both sides signed the labor agreement after weeks of talks.
3. An arrangement between a company and a union that covers many workers at once.
The labor agreement covers all factory staff, not just the new hires.
4. Any written record of terms agreed upon for doing a job.
She checked the labor agreement before accepting the position.