View source for Back-loaded contract

[[Back-loaded contract]] is a multiyear contract that provides a lower wage adjustment in the first year with higher increases in later years.


==Definitions==
According to [[Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition)]],
:[[Back-loaded contract]]. A multiyear contract that provides a lower wage adjustment in the first year with higher increases in later years.

==Related concepts==
*[[Labor relations]]. The systematic study of [[attitude]]s, [[motivation]]s, and [[behavior]]s which two or more [[job-market actor]]s assume toward each another.

==Related lectures==
*[[Introduction to Labor Relations]]. 

[[Category: Labor Relations]][[Category: Articles]]