company union(redirected from Yellow union)
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company uniona TRADE UNION which is in effect run by the management of a company and which is intended to defuse employee grievances or wage demands. As such it cannot be considered to be a genuine union, and would therefore find it difficult to secure a certificate of independence from the CERTIFICATION OFFICER, and hence would be denied the benefits unions usually obtain as FRIENDLY SOCIETIES. See STAFF ASSOCIATION.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson