Definition, Meaning & Synonyms
agency-fee
noun
/ˈeɪ.dʒən.si fiː/
Definition
A payment made to a labor union or organization by its non-member employees to cover the costs of collective bargaining and other services provided by the union.
Examples
- Many workers in the area are required to pay an agency fee to the union.
- Despite not being a union member, he still has to cover the agency fee because of the collective agreements.
Meaning
An agency fee is required from employees who benefit from union negotiations, ensuring that everyone contributes to the costs of representation, even if they do not join the union. This fee is often determined by the union and is usually less than the full membership dues.
Synonyms
- Representation fee
- Service fee
- Negotiation fee
