Sentences with phrase «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
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.
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.
Domestically, a higher profit share (facilitated by wage restraint), and a more competitive exchange rate, were associated with a very bullish trend in business confidence and investment.
Taking a leaf out of the social responsibility playbook of Manchester United and Spain star Juan Mata, German international defender Matthias Ginter has made impassioned plea for more wage restraint in the pro game.
IDS is absolutely right that much of the credit for Thatcherism should go to Healey - but not because of the IMF loan itself, rather because Healey (and Callaghan) kept on enforcing wage restraint long after the loan had been repaid.
But rather than buying into the rhetoric, the public merely seems to have learnt from the human misery inflicted by Thatcherism, and accepted wage restraint because they knew that the alternative was so much worse.
Mr Miliband said that while he supported wage restraint, he would have given workers a «fairer» pay deal if he was leading the government.
We had over 20 years of wage restraint so we stagnated — we went from the top of the list in terms of our provincial counterparts to third from the bottom over 20 years.
In a motion passed by the union's congress this week, the GMB claimed «prominent Progress members» of briefing against Ed Miliband and said Progress was responsible for persuading Labour's front bench «to support cuts and wage restraint.»
Gregg The Tories were elected after the Winter of Discontent that followed Callaghan's wage restraint.
Privatisation, cuts, wage restraint, housing bubbles - rinse, repeat.
It states: «Prominent Progress members have briefed against Ed Miliband to the press, and it was Progress who argued that Labour's frontbench needed to support cuts and wage restraint.
In the event he decided to extend his wage restraint policy for another year hoping that the economy would be in a better shape for a 1979 election.