No-Strike Clause
Barron's Business Dictionary:
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No-Strike Clause
No-strike pledge by a union, usually in return for management agreement to accept binding arbitration of grievances.
A no-strike clause requires the union not to strike over grievances while the union and management accept neutral binding arbitration of unresolved grievances.
A no-strike clause requires the union not to strike over grievances while the union and management accept neutral binding arbitration of unresolved grievances.
| No-Par Stock, No-Load Fund, No-Growth | |
| Nodes, Nolo Contendere, Nominal Account |
Barron's Law Dictionary:
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No-Strike Clause
A clause in a labor agreement that prohibits employees from striking for any reason during the life of the contract. Such a clause regulates relations between the employer and the employees. 356 U.S.
342, 350. It is not an “unfair labor practice” under the National Labor Relations Act for an employer to bargain in good faith for such a clause.
342, 350. It is not an “unfair labor practice” under the National Labor Relations Act for an employer to bargain in good faith for such a clause.
