Wage employment guarantee
Wage employment guarantee (also known by its acronym, WEG) is a contract negotiation assuring employees a minimum amount of work or compensation during a specified amount of time.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Wage employment guarantees(WEGs). A contract negotiation assuring employees a minimum amount of work or compensation during a specified amount of time.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.
