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labor agreement

   Also found in: Financial, Encyclopedia 0.01 sec.
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Noun1.labor agreement - contract between labor and management governing wages and benefits and working conditionslabor agreement - contract between labor and management governing wages and benefits and working conditions
contract - a binding agreement between two or more persons that is enforceable by law
yellow-dog contract - a labor contract (now illegal) whereby the employee agrees not to join a trade union


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Mark Holden, president of the New Hampshire and Vermont chapter of Associated Builders and Contractors, said the labor agreement creates a union contract that nonunion companies would have to sign.
Under the policy, any project that receives $1 million or more from the CRA will be required to have a project labor agreement and guarantee that 30 percent of all construction jobs go to residents within a three-mile radius of the development.
The school board relies on Smith for negotiating the labor agreement governing the wages, hours and working conditions for the teachers.
 
 
 
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