Tariff Agreements

Tariff agreements are formal contracts between employers and workers or their representatives, setting agreed-upon wages, hours, and working conditions for a specific period. They establish clear rules to ensure fair treatment and uniform standards across an industry or company. These agreements help prevent disputes by providing a mutual understanding and commitment, often covering issues like pay rates, overtime, safety, and job security. Essentially, they serve as a negotiated framework that balances the interests of both parties, promoting stability and cooperation within the workplace.