wage round

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.

wage round

see PAY ROUND.
References in periodicals archive ?
The last wage round saw 21,000 workers at JLR vote by an overwhelming 78.
Sheila Attwood, of XPERTHR, said: "As attention starts to turn to the New Year wage round we are hopeful we will see an upturn in settlement levels in 2015.
None of those polled felt they would have to press for pay cuts in the coming wage round.
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.
While the figures show little immediate danger of inflationary pay growth, the continuing tightness in the labour market will keep hawks on the Bank of England's Monetary Policy Committee focused on the New Year wage round.
Nationally only 34% of employers expect to come out of the 2008 wage round with a settlement of 4% or higher, according to Employment Review's annual Pay Prospects Survey.
The downward trend indicates the expected strong pay growth as a result of January's wage round had yet to materialise.
The downward trend indicates that the expected strong pay growth as a result of January's wage round had yet to materialise.
This downward trend shows that the expected strong pay increases in the January wage round have so far failed to materialise.
5% in the current wage round, according to a report over the weekend.
We have put forward a solution on pay as part of our upcoming wage round.
Japan's traditional annual wage round, known as ''shunto'' (spring labor offensive), has collapsed for all practical purposes.