Deferred Wage Increase

Business, Legal & Accounting Glossary

Definition: Deferred Wage Increase


Deferred Wage Increase


Full Definition of Deferred Wage Increase


A strategy used in collective bargaining that establishes a pay raise for union members at some specified date in the future. This strategy allows both labor and management to win something in the negotiations. Labor negotiators win a pay raise for members, and management negotiators save money for their companies because the wage increase is deferred until future date.


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March 28, 2024 https://payrollheaven.com/define/deferred-wage-increase/.
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https://payrollheaven.com/define/deferred-wage-increase/ (accessed: March 28, 2024).
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Deferred Wage Increase. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/deferred-wage-increase/

Definition Sources


Definitions for Deferred Wage Increase are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.