wage concession Synonyms

No Synonyms and anytonyms found

wage concession Meaning

Wordnet

wage concession (n)

an agreement to raise wages

wage concession Sentence Examples

  1. The company demanded a wage concession from its unionized employees to remain competitive.
  2. The workers reluctantly agreed to a wage concession to save their jobs during a downturn.
  3. Several companies offered wage concessions to attract skilled workers in a shrinking labor market.
  4. The wage concession was seen as a necessary sacrifice to preserve the company's profitability.
  5. The government proposed a wage concession to stimulate economic growth and reduce unemployment.
  6. The union resisted the proposed wage concession, arguing that it would harm the living standards of its members.
  7. Some workers were willing to accept a wage concession in exchange for better working conditions.
  8. The wage concession was a bitter pill to swallow for the employees, but they understood the company's financial constraints.
  9. After a lengthy negotiation, the company and union reached an agreement on a modest wage concession.
  10. 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.