Examlex
The U.S.has a long-term orientation,which means members tend to focus on working hard today so they can have rewards in the future,not on immediate satisfaction.
Productivity
A measure of the efficiency of production, often expressed as the ratio of outputs to inputs in the production process.
Nonunionized Companies
Businesses where the workforce is not represented by a labor union, and where bargaining and negotiations are conducted individually rather than collectively.
Unionized Companies
Companies where a workforce is formally represented by a labor union to negotiate wages, benefits, and working conditions.
Grievance Arbitration Process
The procedure by which workplace disputes, such as those over contract interpretation or employee discipline, are resolved through an impartial third-party arbitrator rather than through direct negotiation or litigation.
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