Equal working conditions (2,5)

I believe the answer is:

on terms

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'equal' is the definition.
I don't know anything about this answer so I can't tell whether this works.

'working conditions' is the wordplay.
'working' becomes 'on' (e.g. a machine is working or on).
'conditions' becomes 'terms' ('term' can be a synonym of 'condition').
'on'+'terms'='ON TERMS'

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(Another definition for on terms that I've seen is " Monster (anag) - level in score".)

I've seen this clue in The Times.

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