A strategy used in collective bargaining that establishes a pay raise for union members at some specified date in the future. This strategy allows both labor and management to win something in the negotiations. Labor negotiators win a pay raise for members, and management negotiators save money for their companies because the wage increase is deferred until future date.
Related information about deferred wage increase:
- What is deferred wage increase? - BusinessDictionary.com
Definition of deferred wage increase: Strategy used by labor unions in collective bargaining to obtain a pay raise, which allows management to save money until ...
- Deferred Wage Increase: Definition from Answers.com
Delaying the implementation of a wage increase until a later date. In collective bargaining this is a concessionary labor tactic for winning a wage increase.
- What is deferred wage increase? - InvestorWords.com
Definition of deferred wage increase: A strategy used in collective bargaining that establishes a pay raise for union members at some specified date in the future.
- What is DEFERRED WAGE INCREASE? - The Law Dictionary
Definition of DEFERRED WAGE INCREASE: Collective bargaining plan to get more pay and and still saving money until the raise occurs. It can also assert that ...
- The Wage Level and Its Determinants
Another is the deferred wage increase: an attempt to anticipate economic changes at the time the contract is signed. A third is the escalator clause by which ...
- Scheduled wage increases and cost-of-living provisions in 1981
... and 162,000 workers are not scheduled for either COLA payments or deferred increases . The 5.2-percent deferred wage increase amounts to an ...
- Wage Interdependence in Unionized Labor Markets
Effective wage is defined as current wage plus deferred wage increase, plus cost -of-living Increase. These data have an important bearing on the naive ...
- Scheduled wage increases and escalator provisions in ... - HeinOnline
average deferred wage increase was 5.9 percent.2. About 4.1 million of the 6.3 million workers also may receive increases resulting from cost-of-living escalator ...