What are specific terms and conditions you may find in a labor-management contract?

What are specific terms and conditions you may find in a labor-management contract?

Solutions

Expert Solution

Labor-Management Contract is an agreement which is made between workers and management of a company which can be legally enforceable in the court. It protect the rights of employees as well as company. Agreement should contain details regarding wage rates, working conditions, and benefits of employees. Employees under a contract scheme gets more employment stability as well as higher compensation level than others. Companies also benefit from these agreements as it can use these agreements in order to reduce disputes before they arise.

Specific terms and conditions one must include in a labor-management contract are :

1.) Job information

2.) Compensation and benefits

3.) Time off, sick days, and vacation policy

4.) Schedule and employment period

5.) Confidentiality agreement

6.) Termination terms and conditions

7.) Severance or outplacement plan information

8.) Employee classification

9.) A technology privacy policy

10.) Requirements after termination

Rahul Sunny answered 11 months ago

Next > < Previous

Related Solutions

Given specific contract procurement conditions for a project, evaluate the factors that influence a contract pricing...

Given specific contract procurement conditions for a project, evaluate the factors that influence a contract pricing strategy and recommend the strategy that is best suited for the given conditions.

Individuals may agree to whatever terms of a contract they see fit. In the case of...

Individuals may agree to whatever terms of a contract they see fit. In the case of a disagreement, a court could simply read and enforce whatever the contract says. Why then do we have contract law?

List conditions of site-specific recombination that result in integration, excision, and inversion respectively, in terms of...

List conditions of site-specific recombination that result in integration, excision, and inversion respectively, in terms of the shapes of DNA and orientations of the target site.

very year, management and labor renegotiate a new employment contract by sending their proposals to an...

very year, management and labor renegotiate a new employment contract by sending their proposals to an arbitrator, who chooses the best proposal (effectively giving one side or the other $5 million). Each side can choose to hire, or not hire, an expensive labor lawyer (at a cost of $200,000) who is effective at preparing the proposal in the best light. If neither hires a lawyer or if both hire lawyers, each side can expect to win about half the time....

What are some of the conditions of a binding Contract? Please explain

Describe the conditions when contract assets and liabilities are recognized and presented in financial statements. Find an...

Describe the conditions when contract assets and liabilities are recognized and presented in financial statements. Find an example of a recent 10-K or 10-Q that has contract assets or liabilities recognized in them and share it with the class.

What are the salient characteristics of strategic cost management and contract management?

On 01 May 2015, the management of Netcare concluded a contract with Build-IT Building Contractors, in...

On 01 May 2015, the management of Netcare concluded a contract with Build-IT Building Contractors, in terms of which the construction company undertook to build one Medical Suite Block, consisting of 50 suites of 3 rooms, a waiting room, Doctors consulting room, reception area and kitchenette. The contract stipulated that the building would be completed by 15 December 2015. The contracting parties also agreed to the following: a) If the hostels are not completed by 15 December 2015, Build-IT Building...

QUESTION 2: a) Critically examine the following terms in the context of contract management i. implied...

QUESTION 2: a) Critically examine the following terms in the context of contract management i. implied and express terms in contract ii. An article of Agreement in contract and why do we need them in contract? iii. An appendix (contract particulars) and addendum iv. Insolvency and termination of contract under JCT b. Compare and contrast the followings: practical completion and Sectional Completion and their impact under the JCT 2011 SBC/Q.

What is a social contract? Briefly describe the “social contract approach to journalism ethics” in terms...

What is a social contract? Briefly describe the “social contract approach to journalism ethics” in terms of the privileges and obligations of the press.

Subjects