wage concession (Meaning)
Wordnet
wage concession (n)
an agreement to raise wages
Synonyms & Antonyms of wage concession
No Synonyms and anytonyms found
wage concession Sentence Examples
- The company demanded a wage concession from its unionized employees to remain competitive.
- The workers reluctantly agreed to a wage concession to save their jobs during a downturn.
- Several companies offered wage concessions to attract skilled workers in a shrinking labor market.
- The wage concession was seen as a necessary sacrifice to preserve the company's profitability.
- The government proposed a wage concession to stimulate economic growth and reduce unemployment.
- The union resisted the proposed wage concession, arguing that it would harm the living standards of its members.
- Some workers were willing to accept a wage concession in exchange for better working conditions.
- The wage concession was a bitter pill to swallow for the employees, but they understood the company's financial constraints.
- After a lengthy negotiation, the company and union reached an agreement on a modest wage concession.
- The wage concession was a temporary measure intended to help the company weather a difficult financial period.
FAQs About the word wage concession
an agreement to raise wages
No synonyms found.
No antonyms found.
The company demanded a wage concession from its unionized employees to remain competitive.
The workers reluctantly agreed to a wage concession to save their jobs during a downturn.
Several companies offered wage concessions to attract skilled workers in a shrinking labor market.
The wage concession was seen as a necessary sacrifice to preserve the company's profitability.
