statutory wage freeze - meaning and definition. What is statutory wage freeze
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

What (who) is statutory wage freeze - definition

ECONOMY-WIDE WAGE AND PRICE CONTROLS
Incomes policies; Wage and price controls; Wage-Price Control; Incomes Policy; Freezing of wage; Prices and incomes policy; Wage restraint; Wage freeze; Wage controls
  • Demonstration against wage controls during [[World War II]] on [[Parliament Hill]] in [[Ottawa]], [[Ontario]]

Freeze (software engineering)         
IN SOFTWARE ENGINEERING, DEVELOPMENT PHASE DURING WHICH POLICY RESTRICTS MAKING CHANGES TO THE SYSTEM
Feature freeze; Code freeze; Codeslush
In software engineering, a freeze is a point in time in the development process after which the rules for making changes to the source code or related resources become more strict, or the period during which those rules are applied. A freeze helps move the project forward towards a release or the end of an iteration by reducing the scale or frequency of changes, and may be used to help meet a roadmap.
Wage labour         
RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract.: "All labor contracts were/are designed legally to bind a worker in one way or another to fulfill the labor obligations the worker has undertaken.
Credit freeze         
Credit Lock Down; Security Freeze
A credit freeze (also known as a security freeze) allows an individual to control how a consumer reporting agency (also known as a credit bureau: Equifax, Experian, TransUnion, and Innovis) is able to sell personal financial identity data. The credit freeze locks the data at the consumer reporting agency until the individual gives permission for the release of the data.

Wikipedia

Incomes policy

Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free market level.

Incomes policies have often been resorted to during wartime. During the French Revolution, "The Law of the Maximum" imposed price controls (by penalty of death) in an unsuccessful attempt to curb inflation, and such measures were also attempted after World War II. Peacetime income policies were resorted to in the U.S. in August 1971 as a response to inflation. The wage and price controls were effective initially but were made less restrictive in January 1973, and later removed when they seemed to be having no effect on curbing inflation. Incomes policies were successful in the United Kingdom during World War II but less successful in the post-war era.

Examples of use of statutory wage freeze
1. Meanwhile at home, bitter relations with the TUC boiled up into a statutory wage freeze in 1'72 – a three–stage Prices and Incomes policy which enraged the Opposition and dismayed many of his own supporters.