What is the purpose of a “safeguard agreement”?

The purpose of a "safeguard agreement" is primarily to ensure job security for workers during transitional periods. These agreements are often put in place during times of organizational changes, mergers, acquisitions, or restructuring, where employment stability can be uncertain. The safeguard agreement provides protections for employees against layoffs and other detrimental employment actions, thereby fostering a sense of security as they navigate changes within their workplace.

While other options may relate to aspects of labor relations or workplace agreements, they do not encapsulate the specific goal of a safeguard agreement, which is centered around maintaining employment stability amid potentially disruptive changes.