threshold agreement

threshold agreement

n
(Industrial Relations & HR Terms) an agreement between an employer and employees or their union to increase wages by a specified sum if inflation exceeds a specified level in a specified time
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

threshold agreement

n (Econ) → scala mobile
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
It was claimed when the threshold agreement was introduced that schools did not have the money.
These savings are attributed mainly to the changes made to the Ontario Drug Benefit Program, the reduction in out-of-country hospital payments, and to the physician's threshold agreement.
In addition, seven more threshold agreements were signed in FY 2007, increasing the overall number of threshold programs to 14 at the close of the fiscal year, totaling nearly $316 million.