Wage Increase

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August 25, 2024 3 min read Definitions
Deferred Wage Increase: Delaying Wage Implementation
Economics Finance Management Labor Tactics Collective Bargaining Wage Increase Labor Relations Management Strategies
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.
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August 25, 2024 3 min read Definitions
Merit Increase: Understanding Performance-Based Pay Adjustments
Economics Management Merit Pay Wage Increase Performance Appraisal Labor Contracts Human Resources
A comprehensive guide to understanding Merit Increases, their implications, and their applications in the workplace.
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