Salary freeze

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.
References in periodicals archive ?
Close to 25% of respondents experienced an overall salary freeze in 2015 and more than 50% are forecasting a freeze for 2016.
Trooper Jon Brown spoke in favor of lifting a state salary freeze in effect since 2009.
5 percent increase in working hours, a salary freeze this year and 7,500 job cuts by the end of 2016, mainly through attrition and early retirement.
His discipline by UT-Austin administrators included a nearly one-year salary freeze and mandatory counseling.
The salary freeze - along with the threat of furloughs, layoffs and another complete government shutdown - are a punishment in search of a crime.
3 per cent of organisations in UAE have projected a salary freeze in 2013 compared to 4.
The president of the Uganda Medical Association, who spoke at the launch of the announcement of the plan to block the pending budget, said the only lasting solution involved lifting the current salary freeze and finding the money to recruit new health workers.
BLAYDON MP Dave Anderson has expressed concerns about the Labour leadership's support for a public sector salary freeze.
The pay raises are the first since 2008, when the union implemented a salary freeze to keep the plant from closing.
The threat of industrial action at Birmingham Airport looms after staff pay talks collapsed following a three-year salary freeze.
Salary freeze row: Birmingham International Airport chief executive Paul Kehoe.
The chancellor's pay hike stands in contrast to 2 percent raises negotiated late last year with some union workers at the medical school and with a previous salary freeze for all university employees earning $120,000 a year or more.