The
Definition Of

The Contract Agreement

The contract agreement is a descriptive document which may contain just general declarations of policy, or detailed rules and procedures. The tendency today is toward the longer, more detailed contract. This is largely a result of the increased number of items the agreements have been covering.

The main section of a typical contract cover subjects such as these: (1) management rights, (2) union security and automatic payroll dues deduction, (3) grievance procedure, (4) arbitration of grievance, (5) disciplinary procedures, (6) compensational rates, (7) hours of work and overtime, (8) benefits: vacations, holidays, insurance, pensions, (9) health and safety provisions, (10) employee security seniority provisions, and (11) contract expiration date.

Share it:

More from this Section

  • Rightsizing
    Rightsizing is an approach to reducing staff, whereby jobs are prioritized in order to identify and eliminate unnecessary work. This method uses a selection criteria based
  • Behaviourally Anchored Rating Scales (BARS)
    Behaviourally Anchored Rating Scales (BARS) are used by organizations for appraisal of employees’ performance and for job analysis purposes.
  • Prevailing wage
    Prevailing wage is a rate of pay determined by the U.S. Department of Labor based upon the geographic area for a given class of labor and type of project.
  • Facilitator
    Facilitator is a trainer who assists a group in learning or reaching a specific goal by directing and controlling the group process and allowing the
  • Self-funding or self-insurance
    Self-funding/self-insurance is a benefit plan whereby the employer assumes all the risk, paying out for claims but saving the cost of any associated premiums.
  • Fast-trackers
    Fast-trackers is a term used to describe employees who have exhibited strong potential for promotion and are being primed for higher level professional or technical positions within the organization.
  • Behaviorally Anchored Rating Scales
    A behaviorally anchored rating scale (BARS) is an appraisal tool that anchors a numerical rating scale with specific examples of good or poor performance.