Givebacks Explained

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]

Notes and References

  1. Web site: Merriam-Webster Online Dictionary. Merriam-Webster. 17 August 2011.
  2. News: Flint. Jerry. BIGGER CONCESSIONS FROM UNIONS SOUGHT; Management Seeking 'Givebacks' in New Bargaining Trend BIGGER CONCESSIONS FROM UNIONS SOUGHT Demands of the Future. 17 August 2011. New York Times. 26 March 1978.