Official Strike

A work stoppage by union members that is endorsed by the union and that follows the legal requirements for striking, such as being voted on by a majority of union members. Workers engaging in official strikes have better protections against being fired.

Also called "official industrial action."

A famous official strike in the United States was the 1994 Major League Baseball strike, which canceled the end of the regular season and the entire postseason. Some of the replacement players who played during 1995 spring training, when the strike had not yet ended, remained in the major leagues, but are not allowed union membership to this day. One reason why this is important is because union players receive a certain percentage of Major League Baseball revenues, because MLB licenses players' names and images for items like jerseys and baseball cards. Non-union members do not receive this benefit.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • official strike — See strike …   Big dictionary of business and management

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  • Strike pay — (or strike fund ) is the name of payments made by a trade union to workers who are on strike.In the United KingdomWhilst some trade unions make payments to members who are on an official strike there is no requirement to do so. The UK government… …   Wikipedia

  • strike pay — or strike benefit HR a benefit or allowance paid by a labor union to its members during the course of official strike action to help offset loss of earnings. Also known as dispute benefit …   The ultimate business dictionary

  • strike benefit — strike pay or strike benefit HR a benefit or allowance paid by a labor union to its members during the course of official strike action to help offset loss of earnings. Also known as dispute benefit …   The ultimate business dictionary

  • strike — See exercise price See exercise price NYSE Euronext Glossary * * * ▪ I. strike strike 1 [straɪk] noun [countable] HUMAN RESOURCES a period of time during which a group of workers deliberately stop working because of a disagreement about pay,… …   Financial and business terms

  • Official — For other uses, see Official (disambiguation). An official is someone who holds an office (function or mandate, regardless whether it carries an actual working space with it) in an organization or government and participates in the exercise of… …   Wikipedia

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  • Official Irish Republican Army — (Óglaigh na hÉireann) Participant in The Troubles Official IRA mobile patrol in April 1972 …   Wikipedia

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