Tarifvertrag

collective bargaining agreement

noun ta-REEF-fer-trahk Rare

Origin: Tarif from French tarif

Also means

wage agreement

Usage Note

Tarifvertrag is the collective agreement negotiated between unions and employers, fixing pay and conditions. Being tarifgebunden means a firm is bound by one. It is a cornerstone of German Sozialpartnerschaft (social partnership). Plural takes umlaut: Tarifverträge.

Examples

"Der neue Tarifvertrag bringt drei Prozent mehr Lohn."

Natural Translation

The new collective agreement brings three percent more pay.

Literal Translation

The new collective-agreement brings three percent more wage.

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