wage freeze


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Related to wage freeze: Wage restraint
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Noun1.wage freeze - a freeze of wages at a given level
freeze - fixing (of prices or wages etc) at a particular level; "a freeze on hiring"
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References in periodicals archive ?
But the pressure to a keep a lid on public sector pay will be stronger, with many workers facing a wage freeze, said Stuart Hyland of the Hay Group.
The company, whose flagship Volkswagen brand has plunged into the red this year, demands the 103,000 workers at its six western German plants accept a two-year wage freeze and make concessions that will boost competitiveness.
Members of the Australian Licensed Aircraft Engineers Association and the Communications, Electrical, Electronic, Plumbing and Allied Services Union voted in a secret ballot to approve a proposal from Qantas Airways for a wage freeze.
This strike was staged by a workforce, furious at being forced to pay three per cent more during a wage freeze, then working longer for a lower pension.
As a result of the government's cowardice, businesses, which are struggling to stay afloat, will be penalised with a 0.5 per cent annual levy for the two years the wage freeze would be in place.
A wage freeze is the least of the public sector's problems.
Almost immediately after it imposed a wage freeze in 1992, the unemployment total came down.
Qantas Airways maintenance workers staged strike action on Thursday (29 November) over a wage freeze being proposed by the Australian carrier.
Union leaders said a wage freeze would mean hardship for 500,000 people.
The STUC say thousands of lower paid public sector workers face a pounds 1000 loss, in real terms, this year as a result of the Nats' wage freeze.
But the pressure to keep a lid on public sector pay will be stronger, with many workers facing a wage freeze, said Stuart Hyland of the Hay Group.
THERE WAS no way bosses of unions representing the privileged public sector workers would have ignored Finance Minister, Charilaos Stavrakis' suggestion of a wage freeze. The very mention of the idea by Stavrakis, in a newspaper interview on Sunday provoked a knee-jerk reaction from the unions representing both public and semi-governmental sector workers -- the island's labour aristocracy.