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Wage Round
(redirected from Wage Rounds)

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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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Nevertheless significant price risks persist and inflation still seems set to rise further in the coming months, so much will depend on to what extent economic activity appears to be slowing, whether pay moderation continues in the early 2008 wage rounds and whether companies' pricing power appears to be waning.
David Waller, Midlands' chairman of Pricewater-houseCoopers, said: "While the MPC will have been concerned by the inflationary pressure caused by the recent wage rounds, this was not the time to be making a further increase.
 
 
 
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