labor contract

Binding work arrangement

A labor contract is a formal agreement between an employer and workers—either individual employees or a union representing them.

It specifies wages, hours, benefits, working conditions, and terms of employment.

The new labor contract guaranteed annual raises and improved health coverage.

Union labor contracts typically result from collective bargaining negotiations.

Opposites
formality of agreement

labor contracthandshake deal

Unwritten mutual commitment

gentleman's agreement · verbal agreement · oral agreement · tacit understanding · tacit agreement

employment status

labor contractat-will employment

Job without guaranteed duration

gig work · casual labor · day labor · freelance work · unemployment

worker protection and power

labor contractsweatshop labor

Exploitative factory work

forced labor · indentured servitude · wage theft · zero-hour contract

Family

labor, contract, laborer, labored, laboring, labour, contracted, contractor, contracts

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Rated G