Examlex
Instructions: Please define the following key terms.
-Latins
Givebacks
Concessions made by workers to management, often in the form of reduced wages, benefits, or working conditions, typically in exchange for job security.
Employers
Individuals or entities that hire and provide work to employees, offering payment for services or labor performed.
Lockout
An employment and negotiation strategy in which an employer prevents employees from working during a dispute, aiming to pressure the union into concessions.
Strike
A work stoppage initiated by employees as a form of protest, typically in an attempt to gain concessions from their employer regarding pay, conditions, or policies.
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