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freeze wages

    0.01 sec.
freeze someone's wages
Fig. to hold someone's pay at its current level. The company froze everyone's wages as soon as the economy went sour.
See also: freeze, wage


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It is obvious that the Finance Minister rushed to announce the government's intention to freeze wages in the public and semi-public sector, just before the unions submit their demands for the renewal of their collective agreements, which expire on December 31, 2009," the Federation announced.
Lutes said the membership would prefer to freeze wages for one year, but get a 6 percent raise in FY11, the last year of a three-year contract that calls for 3 percent wage hikes each year.
Recession-hit Japan may spend 15 billion dollars on a new jobs package, the government said Thursday, as auto and electronics giants announced they would cut recruitment and freeze wages.
 
 
 
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