labor contract Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “labor contract” in the English Dictionary

"labor contract" in Business English

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labor contractnoun [C]

uk   us   (also labor agreement) US HR, LAW
an ​agreement between ​management and the ​employees of a ​company or ​organization about ​salary, ​workingconditions, etc.: The ​unionnegotiated a ​laborcontract with the ​company a ​year ago.
(Definition of labor contract from the Cambridge Business English Dictionary © Cambridge University Press)
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