wage concession

NOUN
  1. an agreement to raise wages
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How To Use wage concession In A Sentence

  • Hosts David Asman and Liz Claman practically crowned the mayor an economic genius after he told them he's asking for wage concessions from labor groups, combining departments and trying to "disintermediate" bureaucracies. SFGate: Top News Stories
  • Corporate leaders were planning to close it unless they could get significant wage concessions from the workers.
  • Since then, the union leadership has capitulated to DaimlerChrysler's demands for wage concessions and other give-backs.
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