wage drift
noun[U]
ECONOMICSukusasituationin which theaveragelevelofpayincreasesfasterthanofficialratesofpay.
单词 | wage drift |
释义 | wage drift noun[U] ECONOMICSukusasituationin which theaveragelevelofpayincreasesfasterthanofficialratesofpay. Examplesofwage driftwage drift Predictably, as in 1948, 1951, and 1955, the result was an explosion of wages and prices triggered bywagedrift. From theCambridge English Corpus Co-ordination between dominant employers and unions bargaining can preventwagedrifteven if the actual bargaining is decentralized. From theCambridge English Corpus For technical reasons peculiar to the highly heterogeneous sector, engineering rejected normal wages; instead they tried to deal with thewagedriftproblem in 1923 with a complex surrogate. From theCambridge English Corpus Becausewagedrifttends to primarily benefit high-wage groups (whose wages are held back in the collective bargaining process), it undermines the distributive terms of the centralized wage bargain. From theCambridge English Corpus One can understand the reasons why they occur, because they are directly related to floor level negotiations—the thing that we now describe as "wagedrift". From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 In the classic phrase, this is where the "wagedrift" comes from. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 How will he controlwagedriftand plant settlements? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Equally, it is a time whenwagedriftalso becomes more important. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Should we not be provided with figures forwagedrift? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 All this is producingwagedriftin the economy. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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