Threshold agreement - definition of threshold agreement by The Free Dictionary
(Industrial Relations & HR Terms) an agreement between an employer and employees or their union to increase wages by a specified sum if inflation exceeds a specified level in a specified time
References in periodicals archive
It was claimed when the threshold agreement
was introduced that schools did not have the money.
These savings are attributed mainly to the changes made to the Ontario Drug Benefit Program, the reduction in out-of-country hospital payments, and to the physician's threshold agreement
Further Validates Company's Strategic Plan to Capitalize on China's Multibillion Dollar Market for High-Quality Food Products
In addition, seven more threshold agreements
were signed in FY 2007, increasing the overall number of threshold programs to 14 at the close of the fiscal year, totaling nearly $316 million.
Only those trainers who refused to honour the threshold agreements
would be affected.