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Salary Freeze
(redirected from Salary Freezes)

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Salary freeze
A temporary halt to increases in salary due to financial difficulties experienced by a company.
Salary Freeze
A temporary policy in which a company refrains from giving any workers, or a certain subset of workers, any increases in salary or wages. Salary freezes are most common in companies that ordinarily give raises at regular intervals. The policy is adopted when a company is experiencing financial difficulties and wishes to avoid layoffs, if possible. See also: Cutting Hours.
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TRADE union officials have been angered by claims that bosses at a biscuit factory claimed huge pay increases while workers endured years of salary freezes.
Bosses' pay rises as staff struggle by Daily Post (Liverpool, England)
Byline: LAURA JONES THREAT: The Burton''s factory site in Moreton which faces closing with the loss of 342 jobs TRADE union officials are furious after learning bosses at closure threatened biscuit factory Burtons were taking huge pay increases while staff endured years of salary freezes.
Burton's bosses 'pay rise' anger; Staff's pay frozen as top team soars by Liverpool Echo (Liverpool, England)
98% Companies that plan to award base pay increases in 2011 2% Companies that plan across-the-board salary freezes for 2011 2.
Average base pay increases by job level by HRMagazine
 
 
 
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