A situation in which a company temporarily stops giving raises to employees because of financial difficulties.
Related information about salary freeze:
- Salary Freeze: Definition from Answers.com
cessation of increases in salary throughout a company for a period of time. Companies going through a business downturn will freeze salaries in order to.
- Salary Freeze Definition | Investopedia
The downside of a salary freeze for a company is that employee morale will typically take a hit and the firm may end up losing valuable employees due to ...
- What is salary freeze? definition and meaning
Definition of salary freeze: A situation in which a company temporarily stops giving raises to employees because of financial difficulties.
- Obama Proposes Two-Year Salary Freeze for Federal Employees
Nov 30, 2010 ... According to the White House, the freeze will save $2 billion for the remainder of fiscal year 2011.
- President's salary freeze for federal workers gets a cold reception
Nov 30, 2010 ... Winter is not officially here yet, but a freeze is falling over the federal workplace.
- IBM To Freeze Salaries Of Some Employees - Business Insider
Jun 26, 2012 ... We asked IBM to comment on the salary freeze and were told that some employees might get a raise: "In Global Technology Services there are ...
- Represent! : Up to 209 layoffs, salary freeze possible for City of LA ...
Oct 23, 2012 ... Layoffs and a salary freeze: Up to 209 layoffs and a salary freeze are possible for the City of Los Angeles as part of the 2012-13 fiscal year ...
- Salary Freeze - Financial Dictionary - The Free Dictionary
A temporary halt to increases in salary due to financial difficulties experienced by a company. Salary Freeze. A temporary policy in which a company refrains ...