Giveback

A giveback is a reduction or elimination of previously won benefits in trade union negotiations.

History

1978: The first known publication of the term giveback in relation to organized labor negotiations was in The New York Times.

References

  1. ↑ "Merriam-Webster Online Dictionary". Merriam-Webster. Retrieved 17 August 2011.
  2. ↑ Flint, Jerry (26 March 1978). "BIGGER CONCESSIONS FROM UNIONS SOUGHT; Management Seeking 'Givebacks' in New Bargaining Trend BIGGER CONCESSIONS FROM UNIONS SOUGHT Demands of the Future". New York Times. Retrieved 17 August 2011.