Definition Definition

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: CITE

Related Definitions