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Wage Restraint

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Wage Restraint
An agreement between an employee and an employer not to demand wage or salary increases. Wage restraint may occur when a company is facing losses or lower profits and needs to live within its means. The employee may receive concessions (such as better health insurance) in exchange for wage restraint.
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EMPLOYERS' organisation the CBI predicts tight wage restraint but a thaw in the ongoing recruitment freeze.
Wage freezes to stay, says CBI by Daily Post (Liverpool, England)
A responsible government would have urged wage restraint and flexibility from the unions for the sake of the economy.
Pretend all you like, but there are no painless ways to end recession by Cyprus Mail (Cyprus)
Clubs have a duty to provide more stability in our business models and some form of wage restraint is an element worth looking at.
SALARY CAPS IN SPOTLIGHT by Liverpool Echo (Liverpool, England)
 
 
 
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