Asked by Facundo Grimberg on May 02, 2024
Verified
What is an enterprise compact and how might it present an alternative to traditional union representation?
Enterprise Compact
An agreement or understanding between employers and employees within a company aiming to improve work conditions.
Representation
The act of acting or speaking on behalf of someone else or a group, particularly in decision-making processes or negotiation settings.
- Investigate the concept of enterprise compacts as an alternative to traditional union representation.
Verified Answer
MJ
Mariah JacquezMay 04, 2024
Final Answer :
An enterprise compact is a document specifying the principles of a labor-management relationship based on union and employee involvement in business decision making. Employers agree to treat workers and unions as business partners. In return, the union commits to helping the employer maintain competitiveness and to share more of the risks (and rewards) of company success.
Learning Objectives
- Investigate the concept of enterprise compacts as an alternative to traditional union representation.
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