What is GIVE BACK?

Believing that they will receive some sort of benefit in the long run, like a promotion, raise, or bonus, employees willing relinquish certain benefits or compensation packages to increase an employer’s capital.

More On This Topic

Link to This Definition
Did you find this definition of GIVE BACK helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary