lifetime-job

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Attributive form of lifetime job, noun
A job in which one remains for one's whole career until one's retirement

The lifetime-job program was one of the concessions that the UAW won from Ford, and later from General Motors, in return for labor cost savings during contract negotiations Perhaps it is this rethinking of labor’s needs, on the parts of both unions and management, that will surface as the most important gain from the lifetime-job experiment.