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 ?
Steps taken during the fall session include extending a salary freeze for management and non-union employees and freezing the size of government.
Tunisia's powerful UGTT labor union Oct 17 called on workers to mobilize against the government's draft budget for 2017 which stipulates a public sector salary freeze.
Cotabato City - Marawi City mentors, calling themselves "victims" in their school division's leadership rift, yesterday said they would turn to President Aquino for relief after the number of teachers affected by the salary freeze swelled from 100 to over 400, concerned officials announced yesterday.
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.
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.
Last year, the member states had called for a salary freeze.
BLAYDON MP Dave Anderson has expressed concerns about the Labour leadership's support for a public sector salary freeze.
Dwayne survived three layoffs including union and non-union workers, salary reductions from workers to upper management, and a salary freeze that kept his earnings level for more than four years.
The pay raises are the first since 2008, when the union implemented a salary freeze to keep the plant from closing.