Examlex
Though ISO 9000 can help a company improve its processes, unfortunately this quality designation is only accepted currently by the United States.
Paternalistic Policies
Company policies characterized by the management making decisions for employees, ostensibly for their welfare, but often limiting their autonomy and freedom of choice.
Concession Bargaining
A negotiation process where union members agree to give up certain benefits or accept pay cuts in exchange for something else, such as job security.
Wage
The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee.
Benefit Reductions
The act of decreasing the amount or scope of the benefits (such as health insurance, retirement pensions) provided to employees by an employer.
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