Welcome to the Global Employee Consultations at a glance series. To learn more, please visit our Global Employee Consultations at a glance page.
For the purposes of this publication, the following words and phrases shall have the following meanings:
CBA: A collective bargaining agreement negotiated between an employer or employer’s association and one or more Trade Unions, typically covering pay, working hours, holidays, benefits, working conditions and other terms and conditions of employment.
European Works Council: A consultative body set up by employers for the purposes of informing and consulting with employees at a European level. European Directive 94/45/EC requires that a European Works Council is established where: (i) there are more than 1,000 employees of a group or undertaking within the EEA member states; (ii) there are at least 150 employees in each of at least two member states; and (iii) there has been a valid request from at least 100 employees in total from two or more member states.
Insourcing: An organisation that previously Outsourced certain services decides to bring those services back in-house to provide them using its own internal resources.
Intra-Group Transfer: A Transfer of a Business between two or more group companies.
Outsourcing or Outsourced: An organisation engages an external supplier for the provision of certain services, rather than providing those services using its own internal resources.
Share Sale: A direct sale of most or all of the shares of a local entity.
Trade Union: An organisation of workers whose principal purposes include the regulation of relations between workers and their employers.
Transferee: The person or entity to whom the business or services (as applicable) will transfer.
Transfer of a Business: A sale or other transfer of all or part of a business from a Transferor to a Transferee, including on an asset sale, but excluding a Share Sale.
Transferor: The person or entity from whom the business or services (as applicable) will transfer.
Works Council: A consultative body which represents employees at a local level. Members of the works council are elected by the employees whom they represent.
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