salary freeze
Pay stays put
A salary freeze is a period when an employer suspends wage increases, typically during economic downturns or budget constraints.
The freeze affects scheduled raises and cost-of-living adjustments: The company announced a salary freeze until profits recover.
Governments and corporations use freezes as alternatives to layoffs: The hiring freeze was followed by a salary freeze.
- layoffsMass job eliminations
- austerityEnforced economic stringency
- budget cutsPlanned spending reductions
- stagnantWithout movement or progress
- recessionProlonged economic decline
economic downturn · cost-cutting · belt-tightening · tight budget · compensation · take-home pay · payroll · cost of living · morale · negotiations · collective bargaining · union · deadlock · inflation · squeeze · across the board · corporate · bottom line
- compensationpay, income, wage, bonus, payment
- pay changesraise, pay raise, pay cut, wage increase, pay bump
- public paygross pay, net pay, pay, pay grades, pay scales
- careersdoctor, lawyer, teacher, engineer, nurse
- cutbackscutback, cutbacks, decrease, layoff, reduction
- wageswage, pay, paycheck, income, earnings
salary freezepay raise
Higher compensation rate
salary increase · wage hike · pay rise · raise · wage increase
salary freezewage growth
Increase in compensation
layoff · pay cut · salary reduction · hiring spree · termination
salary, freeze, salaries, salaried, freezes, freezing, frozen, froze, freezer