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Definition of “pay freeze” - English Dictionary

"pay freeze" in Business English

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pay freezenoun [C]

uk   us   (also salary freeze, wage freeze)
HR, WORKPLACE a ​situation in which a ​companystopsincreasingemployees' ​pay because of ​financial difficulties: Union ​leaders are considering the company's ​proposals to ​changeworkinghours, ​reduceovertime, or ​impose a ​payfreeze.
ECONOMICS, GOVERNMENT a ​governmentpolicy of preventing ​payincreases in ​order, for ​example, to ​deal with ​inflation: The ​government are now ​proposing a ​payfreeze for ​publicsectorworkers.
(Definition of pay freeze from the Cambridge Business English Dictionary © Cambridge University Press)
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“pay freeze” in Business English

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