Labor Tactics

Deferred Wage Increase: Delaying Wage Implementation
A deferred wage increase is the delay in the implementation of a negotiated wage increase, commonly used in collective bargaining. This tactic benefits both management and labor by saving immediate costs for management while allowing labor to claim a future gain.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.