Ratio-rank principle
Ratio-rank principle is a seniority list combined by establishing a ratio based on the total number of employees in the two groups to be merged.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Ratio-rank principle. Seniority list combined by establishing a ratio based on the total number of employees in the two groups to be merged.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.
