WAGE CONCESSION
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Definitions
There is 1 meaning of the phrase
Wage Concession.
Wage Concession - as a noun
An agreement to raise wages
Example Sentences
"The company and the labor union reached a wage concession to avoid a strike."
"The workers reluctantly accepted the wage concession during the economic crisis."
"The wage concession helped the struggling company to survive."
"The negotiations resulted in a wage concession of 10% for all employees."
"The employees were disappointed by the magnitude of the wage concession."