wage concession
1
4.7
- noun
- /weɪdʒ kənˈsɛʃən/
:
concesión salarial
Examples
-
A number of wage concessions have been made as well.
Academic text (1994) -
The union workers made wage concessions twice, and the company still could not make a go of it.
Blog text (13) -
When a company town sees its plant closing because some distant executives made some decision despite the wage concessions, despite the tax breaks, and they
Blog text (4) -
Drivers represented by the Teamsters earlier ratified a new contract with 8 percent in wage concessions and 17 percent in benefit reductions.
Blog text (4) -
When a company town sees its plant closing because some distant executives made some decision despite the wage concessions, despite the tax breaks, and they see their entire economy collapsing, they feel violence.
Blog text (4) -
The company agreed to a wage concession to help retain its employees during the economic downturn.
-
After lengthy negotiations, the union finally secured a wage concession that increased salaries for all workers.
-
To prevent layoffs, management proposed a wage concession involving temporary pay cuts for staff.
Synonyms
102
4.1
Something given up in a negotiation to reach an agreement
12
2.5
Extra money that an employer pays a worker for their job
2
3.0
An increase in the pay workers get for doing a job
Antonyms
How Generous
Surface Forms
Morphology
The meaning 'an agreement to increase employees' wages' is directly derivable from combining 'wage' (payment to an employee) with 'concession' (something given in negotiation). This is a straightforward noun–noun composition—common cross‑linguistically—so a B1 learner who knows both constituents would readily infer the MWE's meaning.
Etymology
The phrase wage concession comes from the image of an employer giving something in a deal: offering a higher wage is a concession, 'something given up' to reach an agreement. So it means an agreed increase in pay after negotiation.