wage freeze

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Related to Wage Freezes: price freeze, Wage restraint
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  • noun

Words related to wage freeze

a freeze of wages at a given level

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References in periodicals archive ?
The wage freeze is seen as a sign of the times, with the Australian Industry Group s Stephen Smith saying that such agreements had become more common.
A survey of almost 15,000 workers in England and Wales, including catering staff, cleaners, refuse collectors and teaching assistants, showed that the value of their pay had fallen by an average of 16 per cent because of a three-year wage freeze and rising prices.
The union's Scottish Secretary Mike Kirby said: "Many thousands of our members have suffered three years of wage freeze.
TOMORROW unions and employer organisations could be headed for a confrontation as the latter announced on Tuesday that they would seek an official wage freeze and suspension of the Cost of Living Allowance (CoLA) for collective agreements in the private sector for two years.
Pay analysts IDS said wage freezes were almost as rare now as deals worth over 4 per cent.
Angel Alvarez, regional representative for Service Employees International Union Local 888, said recently it appears the town is headed toward a wage freeze Jan.
I find this incredible at a time when thousands of workers, myself included, are on wage freezes, many more thousands are on pay cuts, and others have just lost their jobs, it just goes to show that they are not on the same planet as normal people.
The Labour Research Department (LRD) said the rate of wage freezes was accelerating despite RPI inflation increasing by 2.
The report, published ahead of the chambers' annual convention in Birmingham yesterday, showed that 58 per cent of firms were planning wage freezes this year.
But there was a wide spread of settlements in January, ranging from wage freezes to rises of 9%, according to research by pay analysts Incomes Data Services.
Initiatives include reducing inventories, ordering no equipment, employee layoffs, wage freezes and pressuring late-paying customers.
The widespread unrest is a result of the recession that cost the county hundreds of millions of dollars in annual revenue and prompted wage freezes for thousands of workers.
Even though several of the fiscal adjustments have begun to dampen household purchasing power through new taxes and public sector wage freezes, and although unemployment remains high, the president has generally sustained his initial popularity and is now pushing for a constitutional referendum for spending freezes and political reform.
The statistic, exposed by the TUC, shows the impact of wage freezes and benefit cuts.
But the number of wage freezes has fallen to about one in 12 settlements, while increases in private firms are to be about 2.