A bargaining agreement, also known as a collective bargaining agreement, is a written document that outlines the terms and conditions of employment negotiated between a union and an employer. These agreements typically cover topics such as wages, benefits, working conditions, and job security. Below is an example of a bargaining agreement between a union and an employer.
The following bargaining agreement is made and entered into between the XYZ Company (hereinafter referred to as the “Employer”) and the Union of ABC Workers (hereinafter referred to as the “Union”).
Article 1: Recognition
The Employer recognizes the Union as the exclusive bargaining agent for all employees covered by this agreement.
Article 2: Management Rights
The Employer retains the right to manage its operations and direct its workforce, except as limited by the terms of this agreement.
Article 3: Wages and Benefits
The parties agree to the following:
– A 2% wage increase for all employees covered by this agreement, effective January 1st of each year.
– Health insurance benefits will be provided to all employees, with the Employer contributing 80% of the premium cost.
– Paid vacation time based on years of service, as follows:
– 1 to 5 years of service – 2 weeks
– 6 to 10 years of service – 3 weeks
– 11 to 20 years of service – 4 weeks
– More than 20 years of service – 5 weeks
Article 4: Hours of Work and Overtime
The parties agree to the following:
– Employees will work an 8-hour shift, with a 30-minute unpaid meal break.
– Overtime will be paid at a rate of 1.5 times the employee’s regular hourly rate for all hours worked in excess of 40 hours per week.
Article 5: Grievance Procedure
The parties agree to the following:
– Any grievance arising under this agreement will be resolved through the grievance and arbitration procedure outlined in this agreement.
– Grievances must be filed in writing within 10 days of the incident or occurrence giving rise to the grievance.
Article 6: No Strike/No Lockout
The parties agree to the following:
– During the term of this agreement, there shall be no strikes, work stoppages, or slowdowns by employees covered by this agreement.
– During the term of this agreement, there shall be no lockouts by the Employer.
Article 7: Duration and Termination
The parties agree to the following:
– This agreement shall be in effect for a period of three years, beginning January 1st and ending on December 31st of the third year.
– This agreement may be terminated by either party upon 60 days’ written notice to the other party.
In conclusion, the above example of a bargaining agreement provides an outline of the terms and conditions typically negotiated between a union and an employer. Bargaining agreements are important because they provide job security and economic stability for employees, and ensure employers have a stable workforce.
