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NASCAR is in a stalemate with Michael Jordan and how it ends could potentially get very messy for both sides. After more than two years of contentious negotiations over a new revenue agreement ...
Collective agreement. A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of ...
A charter guarantees the 36 cars entry into all 38 races each season, and a portion of the television package and purses depending on each team's charter value.
Agreements on objectives. The agreement on objectives is an agreement concerning the goals to be achieved by the employee. It is a motivational technique and standardly used in field service and in project work, but also in other areas. Besides trade and industry, it is also increasingly used in public administration.
Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the ...
The two-car team owned by Jordan, active driver Denny Hamlin and Jordan right-hand man Curtis Polk revealed that teams had a Friday night NASCAR-imposed deadline to sign new charter agreements ...
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