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. ¡ª Also termed employee givebacks; union givebacks. See COLLECTIVE BARGAINING.
How do bilingual lawyers in China usually translate the term CONCESSION BARGAINING?
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