wage agreement
Salary negotiation outcome
A wage agreement is a formal arrangement between employers and employees—often negotiated through unions—that establishes pay rates, benefits, and working conditions for a specified period.
Such agreements may cover an entire industry or a single workplace.
The new wage agreement included a 3% annual raise and improved healthcare benefits.
When a wage agreement expires, workers may strike if negotiations for a new one stall.
- salaryFixed periodic employment payment
- pay raiseHigher compensation rate
- employerOne who employs others
- cost of livingPrice of basic necessities
- unionJoining into one
labor law · severance pay · back pay · negotiation · good faith · trade union · bargaining table · overtime pay · pay scale · industrial relations · arbitration · labor contract · dispute resolution · collective action · bonuses · employment rights · mediator · pension plan
wage agreementwage theft
Employer withholding earned compensation
gentleman's agreement · tacit understanding · verbal promise · cash in hand
wage agreementwage dispute
Conflict over pay
labor dispute · strike · lockout · impasse · labor conflict
wage agreementunpaid labor
Work done without payment
forced labor · slave labor · indentured servitude · non-payment · exploitation
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