Unions

Guild
A guild is a medieval organization that functioned as a precursor to modern unions, typically encompassing associations of artisans or merchants. Today, it refers to any association representing the interests and needs of a particular professional or business group.
National Labor Relations Board (NLRB)
The National Labor Relations Board (NLRB) is an independent federal agency tasked with enforcing US labor law in relation to collective bargaining and unfair labor practices.
Seniority System
A method based upon length of service for determining employment advantages, crucial for promotions and layoffs, and often strongly advocated by unions.
Service Worker
Service workers are employees who work in the service sector of the economy, representing a rapidly growing employment category as manufacturing jobs decline in the United States. These workers are often the least represented by unions.

Accounting Terms Lexicon

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