Greenfield agreement

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A Greenfield agreement is an agreement between a union and a new employer, that does not yet have employees. .

This has a number of benefits for the employer. A key advantage is that a greenfield agreement does not require the approval of any employees whose employment would be subject to the agreement. Basically, there are no employees to negotiate with. Another key benefit is that a greenfield agreement provides an employer with the opportunity to shut out less desirable unions as parties and therefore effectively having a presence at the new business before the employment of any employees.

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee. Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector she or he is working in. Employees in some fields or sectors may receive gratuities, bonus payment or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits can include health insurance, housing, disability insurance or use of a gym. Employment is typically governed by employment laws, regulations or legal contracts.

A trade union, also called a labour union or labor union (US), is an association of workers in a particular trade, industry, or company created for the purpose of securing improvement in pay, benefits, working conditions or social and political status through collective bargaining and working conditions through the increased bargaining power wielded by creation of a monopoly of the workers. The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with employers. The most common purpose of these associations or unions is "maintaining or improving the conditions of their employment". This may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies.

Greenfield agreements must involve a genuinely new enterprise; a business cannot simply initiate a new project and use this as grounds to negotiate a greenfield agreement.

See also

Greenfield land agricultural, landscaped, or natural land

Greenfield land is undeveloped land in a city or rural area either used for agriculture or landscape design, or left to evolve naturally. These areas of land are usually agricultural or amenity properties being considered for urban development.

In many disciplines a greenfield project is one that lacks constraints imposed by prior work. The analogy is to that of construction on greenfield land where there is no need to work within the constraints of existing buildings or infrastructure.

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