COLLECTIVE AGREEMENT Meaning and
Definition
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A collective agreement is a legally binding contract negotiated between an employer or employers' association and a trade union or labor union representing the employees. It is a formal agreement that sets out the terms and conditions of employment and governs the relationship between workers and management within a specific workplace or industry.
A collective agreement typically covers a wide range of employment aspects, including but not limited to wages, benefits, working hours, overtime provisions, vacation and leave entitlements, job security, health and safety regulations, and dispute resolution procedures. It aims to establish a fair and balanced understanding between the employees and the employer regarding their rights, responsibilities, and expectations.
Collective agreements are commonly found in industries where labor unions are prevalent, such as manufacturing, transportation, healthcare, education, and public service sectors. These agreements are collectively negotiated by union representatives and management, often through a process called collective bargaining, to address the interests and concerns of both parties. Once agreed upon, the collective agreement has a legally binding effect on both the employer and the employees, ensuring compliance and providing a framework for dispute resolution.
The collective agreement plays a critical role in maintaining harmonious labor relations, promoting workplace stability, and protecting the rights and wellbeing of employees. It establishes a set of standards and procedures to govern the employment relationship, superseding individual employment contracts and providing a collective voice to workers in determining the conditions under which they work.
Common Misspellings for COLLECTIVE AGREEMENT
- xollective agreement
- vollective agreement
- follective agreement
- dollective agreement
- cillective agreement
- ckllective agreement
- clllective agreement
- cpllective agreement
- c0llective agreement
- c9llective agreement
- coklective agreement
- coplective agreement
- coolective agreement
- colkective agreement
- colpective agreement
- coloective agreement
- collwctive agreement
- collsctive agreement
- colldctive agreement
Etymology of COLLECTIVE AGREEMENT
The etymology of the word "collective agreement" can be broken down as follows:
1. Collective: This term comes from the Latin word "collectivus", which means "gathered together" or "jointly shared". It is derived from the verb "collegere", which means "to gather" or "to bring together".
2. Agreement: This word originates from the Latin term "agreementum", which is a combination of "ad" (meaning "to" or "towards") and "gratus" (meaning "pleasing" or "accepted"). It carries the idea of coming to a mutual understanding or consent.
Therefore, when combined, "collective agreement" refers to an agreement that is jointly established or accepted by a group of individuals or entities. It commonly relates to a negotiated agreement between an employer and a trade union or employee association concerning the terms and conditions of employment.
Similar spelling words for COLLECTIVE AGREEMENT
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