Phrases with «wage restraint»

"Wage restraint" refers to the act of limiting or controlling the increase in wages or salaries that employers offer to their employees. It is generally done to manage costs, maintain price stability, or address economic challenges such as inflation or budget constraints. Full definition

Sentences with «wage restraint»

  • Also with their financial restrictions including wage restraint, they know that they can not go for top players. (untold-arsenal.com)
  • The Wilson and Callaghan governments of the 1970s tried to control inflation (which reached 23.7 % in 1975 [52]-RRB- by a policy of wage restraint. (en.wikipedia.org)
  • The period of sustained wage restraint predates the recession and this experience provides grounds for believing that Accord - type processes will help to contain inflation as recovery proceeds. (rba.gov.au)
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