wage freezes
Compensation increase suspensions
Wage freezes is the plural of wage freeze—a policy that holds wages at current levels, preventing increases for a set period.
Employers or governments impose wage freezes during economic downturns, budget crises, or as anti-inflation measures: The company announced wage freezes across all departments.
Federal wage freezes affected thousands of workers.
- salary capsMaximum team payroll amounts
- pay cutsLowered employee compensation
- austerityEnforced economic stringency
- layoffsMass job eliminations
- stagnantWithout movement or progress
cost of living · union · public sector · negotiations · cost-cutting · inflation · take-home pay · bare minimum · recession · economic downturn · downturn · budget · squeeze · moratorium · lockout · strike · labor dispute · belt-tightening
- Postwar BritainAttlee, NHS, National Health Service, rationing, ration books
- Austerity Measuresbudget cuts, spending cuts, public spending cuts, subsidy cuts, welfare cuts
- cutbackscutback, cutbacks, decrease, layoff, reduction
- policiespolicy, act, code of conduct, workplace policies, public policy
- austerityausterity measures, spending cuts, budget cuts, fiscal austerity, deficit reduction
- emergency measuresbailouts, emergency funds, emergency powers, relief bills, stimulus
wage freezeswage increases
Higher compensation over time
pay raises · cost-of-living adjustments · merit increases · wage growth · bonuses
wage, freezes, wages, waged, waging, wager, wagers, freeze, frozen