Define Voluntary Recognition

question 39

Essay

Define voluntary recognition.

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Definitions:

Noncompeting Groups

Collections of workers who do not compete with each other for employment because the skill and training of the workers in one group are substantially different from those of the workers in other groups.

Collective Bargaining

The negotiation of labor contracts between labor unions and firms or government entities.

Lockout

A negotiating tactic in which a firm forbids its unionized workers to return to work until a new collective bargaining agreement is signed; a means of imposing costs (lost wages) on union workers.

Efficiency Wages

Higher-than-market wages paid by employers to increase worker productivity, morale, and retention.