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collective bargaining |
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collective bargainingProcess whereby management, representing an employer, and a trade union, representing employees, agree to negotiate jointly terms and conditions of employment. Agreements can be company-based or industry-wide. |
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| The company signed a collective bargain agreement more than a decade ago. The program subscribers can enjoy the collective bargain power as well as the convenience of e-commerce. We have just signed a very favorable five-year collective bargain agreement for our cement plant and have completed major upgrades to our cement production equipment. |
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