concession bargaining

concession bargaining. Labor law. A type of collective bargaining in which the parties negotiate the employees’ giving back previously gained improvements in wages, benefits, or working conditions in exchange for some form of job security, such as protection against layoffs. — Also termed employee givebacks; union givebacks. See COLLECTIVE BARGAINING.

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词条贡献者

资深译员王漾，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译各类与雇主商业秘密相关的法律文件。