Givebacks
Givebacks is a Trade union term for the reduction or elimination of previously won benefits.[1]
History
1978: The first known publication of the term giveback in relation to organized labor negotiations was in the New York Times [2]
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References
- "Merriam-Webster Online Dictionary". Merriam-Webster. Retrieved 17 August 2011.
- 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.
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