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deferred wage increase

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:
  1. 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 ...
     
  2. 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.
     
  3. 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.
     
  4. 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 ...
     
  5. 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 ...
     
  6. 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 ...
     
  7. 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 ...
     
  8. 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 ...