what is a \"salary freeze\"? | The Money exchange

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Q: what is a "salary freeze"?

Category: glossary , Asked by: I. J. From Liechtenstein

A: the "salary freeze " is The action of a company suspending salary increases for a period of time. A salary freeze typically occurs when a company is experiencing financial difficulties. It may choose to freeze salaries for a while in order to minimize layoffs. Once the company is in a better financial position, the salary freeze would likely be lifted. Visit retailfx.com

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