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Wage Round

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Wage Round
A periodic negotiation for pay rates between a company and its employees, especially if those employees are unionized. Wage rounds set how employee pay is to be determined until the next round.
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In this first wage round after the crisis, we want to ensure employees get their fair share of the upswing," Berthold Huber, head of IG Metall, one of Europe's biggest unions, wrote in the Rheinischer Merkur daily.
As economy recovers, Germans eye a pay rise by AFP / AFP Global Edition
None of those polled felt they would have to press for pay cuts in the coming wage round.
Firms to offer pay increases by Huddersfield Daily Examiner (Huddersfield, England)
According to Volvo, 'The deal means that all employees - both white-collar and blue-collar - contribute to lowering staff costs in 2009, in part by postponing the (next) wage round.
Volvo reaches agreement with union by Auto Business News (ABN)
 
 
 
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