| A | B |
|---|
| collective bargaining | negotiation process undertaken by a union on behalf of its members with the management of an organization with the intent of entering into a contract after the resolution of labor issues |
| ERISA | divides employee benefit plans into pension plans and welfare plans |
| fellow servant rule | the common-law rule that the employer is not liable to an employee for injuries resulting from the negligence of a fellow employee |
| minimum wage law | hourly subsistence pay |
| National Consensus Standards | health and safety rules formed after hearings conducted by a nationally recognized health and/or safety organization |
| OSHA standards | health and safety rules meant to reduce safety and health hazards |
| profit-sharing plan | A plan that gives employees a share in the profits of the company |
| vesting | process by which employees accrue non-forfeitable rights over employer contributions that are made to the employee's qualified retirement plan account |
| workers' compensation | results from employers' absolute liability for injury or death while on the job |
| yellow-dog contract | an illegal agreement between an employer and an employee in which the employee agrees, as a condition of employment, not to be a member of a labor union. |
