Meaning of “labor contract” in the English Dictionary

business-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, working conditions, etc.:

The union negotiated a labor contract with the company a year ago.

(Definition of “labor contract” from the Cambridge Business English Dictionary © Cambridge University Press)