Is the principle of cooperation between the social partners; that is, the organized interests of business and labour. It is a complex term that can be used in a number of ways, though two meanings are paramount. In mainland Europe, social partnership refers primarily to a cooperative relationship between the central confederations of business and labour and to their joint involvement with government in the task of economic and social management. Its meaning in this first sense is close to the notion of corporatism. In the UK, however, social partnership is also used to describe cooperative relations between business and labour at the level of the enterprise. A concrete expression of social partnership at this level is the conclusion of a labour-management partnership between a trade union and the management of an individual company.
Subjects: Human Resource Management.