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In talking with Grandma on the phone,little Marcelo suddenly exclaims,"Oh,look at that pretty red bird!" When his grandmother asks him to describe the bird,Marcelo says,"Out there,out there! Right there,Grandma!" He finally gets frustrated and hangs up.This is an example of:
Collective Bargaining
A process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working conditions.
National Labor Relations Board
An independent U.S. federal agency established to enforce US labor law in relation to collective bargaining and unfair labor practices.
Summary Plan Description
A document that provides detailed information about an employee benefit plan including its benefits, rights, and obligations under the plan.
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit, where the fund grows through investments.
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