Collective Agreement

A Collective Agreement is a formal contract negotiated between employers and a group of employees, usually represented by a union. It outlines the terms and conditions of employment, including wages, working hours, benefits, and workplace rules. The agreement aims to establish a fair working environment and protect employee rights while ensuring the company's needs are met. Once agreed upon, it serves as a binding document for both parties, helping to minimize conflicts and provide a clear framework for employment relations.