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- Dictionarylockout/ˈlɒkaʊt/
noun
- 1. the exclusion of employees by their employer from their place of work until certain terms are agreed to: "the union took strike action and management responded with a lockout"
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The meaning of LOCKOUT is the withholding of employment by an employer and the whole or partial closing of the business establishment in order to gain concessions from or resist demands of employees.
an occasion when an employer stops workers from entering the place they work in because of a disagreement about working conditions, pay, etc.: A contract agreement would end the company's lockout of nearly 500 union garbage haulers.
Jan 8, 2024 · Under Section 2(l) of the Industrial Dispute Act, 1947, the term ‘lockout’ is defined, and according to this definition, it means “the temporary closing of a place of employment, or the suspension of work, or the refusal by an employer to continue to employ any number of persons employed by him”.
Lockout definition: the temporary closing of a business or the refusal by an employer to allow employees to come to work until they accept the employer's terms.. See examples of LOCKOUT used in a sentence.
A lockout is generally an attempt to enforce specific terms of employment upon a group of employees during a dispute. It is often used to force unionized workers to accept new conditions, such as lower wages.
Lockout, the tactic of withholding employment, typically used by employers to hinder union organization or to gain leverage in labor disputes. It is often accomplished by literally locking employees out of the workplace, but it can also be achieved through other means.
A lockout is a company's response to workers who are disputing conditions or planning a strike. During a lockout, managers don't allow workers to come to work until they agree to the company's terms of employment.
lockout meaning, definition, what is lockout: a situation when a company does not allo...: Learn more.
lockout - An action taken by employers to deny employees access to their workplace as part of a strategy to leverage agreements or resist workers' claims.
In summary, a lockout refers to an employer’s dismissal of employees due to a labor dispute, resulting in the closure of the entire plant or workplace. Understanding this legal definition is essential for business owners to navigate labor disputes, make informed decisions, and comply with labor laws.
