sweetheart deal

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sweetheart deal

1. An industrial agreement made between an employer and local labor union officials containing terms beneficial to the employer without the knowledge of the employees, typically in exchange for money to the union or its leaders. It was later discovered that the union leader had made a sweetheart deal with the company that eliminated employees' right to strike in exchange for a hefty yearly bonus for himself. The automotive manufacturer decided to move its factories to a different country, where it established a sweetheart deal with the local labor union to pay workers substantially less than those previously enjoyed by American employees.
2. Any kind of agreement or contract that is mutually beneficial two the two parties directly involved, typically at the expense of a third party that is not privy to the agreement. It turns out the athletic director had in place a sweetheart deal with the national athletics association, essentially receiving kickbacks every time one of his athletes performed well. The charity has come under fire for what some are calling a sweetheart deal with a for-profit events organizer that receives nearly 40% of the annual donations the charity receives.
See also: deal, sweetheart

sweetheart deal

n. a deal made between friends so that both may profit well. (Such deals usually involve illegal or unethical practices.) Most of the general contractors in town would be out of business if they didn’t offer “sweetheart deals” to the politicians.
See also: deal, sweetheart
References in periodicals archive ?
In other words she wants to defer to the people who made the sweetheart deal for Glynn.
economy helps justify the sweetheart deals. After all, if antagonizing the Saudis might lead to an economically devastating, large-scale withdrawal of funds from U.S.
A May 2001 report from the EPA'S Office of the Inspector General (QIG) discovered that the "EPA often awards non-competitive assistance agreements to recipients based on the unsupported belief that those recipients were the only entities capable of performing the work." That's bureaucratese for, "It gave the money to friends." To justify the awards, the envirocrats retreat to the boilerplate retort that recipients were "uniquely qualified." In March 2002 the QIG returned to find that sweetheart deals accounted for "1 out of every 5 dollars of the $1 billion" the EPA awarded in 1999 and 2000.
The unions are gathering data alleging that 20th Century Fox (a sister of the Fox Network), Walt Disney (which owns ABC) and Paramount (a sibling of CBS) are engineering sweetheart deals to deprive the profit participants in their movies of their rightful share of the profits, thus cramming more money into the studios' pockets.
Moves toward a free market have often been accompanied by sweetheart deals masked by a fog that individual Russians cannot penetrate.
Services and management may have been performed under sweetheart deals with the current owner which are sure to increase after the sale - and it is also pays to investigate the status of labor peace.
Truhe: During an audit, the IRS looks for anything that might suggest that the institution has suddenly changed its actual operating policies, e.g., now taking only private pay residents when it used to take Medicare and Medicaid, or signing a number of insider contracts in which the physicians on the board now have sweetheart deals as medical directors - in other words, operating to the benefit of insiders.
In a recitation of Nixon's personal financial manipulations - his purchasing property through sweetheart deals with his buddy Bebe Rebozo and others, and his taking a huge income-tax deduction for giving away his vice-presidential papers after backdating the donation to qualify under a then-expired tax regulation - Ambrose writes: "Still, except for the questionable deduction for backdating the vice presidential papers, Nixon had done nothing illegal.
Carlos Zarate on Thursday asked the Supreme Court (SC) to nullify several 'sweetheart deals' entered into by the Manila Electric Co.
However, Zarate said this P1.55 per kWh will be more expensive under the Meralco's 'sweetheart deals.'
Replacing them with purely political people will not protect our public lands or protect taxpayers from special interest sweetheart deals."
Ilford North MP Wes Streeting said: "Constituents don't have the luxury of negotiating sweetheart deals." John McDonnell, Shadow Chancellor, said: "It is important everyone is treated equally." MP Nic Dakin said it came as the Tories refused to back our ailing steel industry, asking: "Why is the Government supportive of sweetheart deals for companies like Google, but slow to act on the steel industry?" Last night it was alleged HMRC never challenged Google's claim it had "no permanent establishment" here - allowing it to divert profits to Bermuda.
He scrapped the payments, but was faced with the certainty of legal action by a mini-army of female care assistants, cooks and cleaners who had been denied the sweetheart deals awarded to the men.
There will be much explaining to do to the electorate of Blackwood and Bedwas and Machen, not to mention the very large number of independent voters at the election, if such sweetheart deals are done by anyone.
The new leader of Britain's biggest manufacturing union is to 'tear up the form book' on industrial relations by ditching so-called sweetheart deals in a move which will send shockwaves across industry.