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productivity bargaining
noun
the process of reaching an agreement ( productivity agreement ) through collective bargaining whereby the employees of an organization agree to changes which are intended to improve productivity in return for an increase in pay or other benefits
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In return, they will probably have to agree to some kind of "productivity bargaining" in which wage hikes are tied to worker output.
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Budget Chief George Shultz has called for the use of "productivity bargaining" in labor negotiations, tying wage boosts more closely to increased gains in output per man-hour.
Read more on Time Magazine Archive
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