Nominallohnstopp

German

Etymology

nominal (nominal) +‎ Lohn (wage) +‎ Stopp (stop/freeze)

Pronunciation

  • IPA(key): [nomiˈnaːlloːnˌʃtɔp]
  • Hyphenation: No‧mi‧nal‧lohn‧stopp

Noun

Nominallohnstopp m (strong, genitive Nominallohnstopps, plural Nominallohnstoppe)

  1. (economics, politics) nominal wage freeze (a policy or agreement to keep wages at their current nominal level for a certain period)
    Um die drohende Insolvenz abzuwenden, einigten sich Gewerkschaft und Arbeitgeber auf einen einjährigen Nominallohnstopp.
    To avert the looming insolvency, the union and the employer agreed on a one-year nominal wage freeze.

Declension

Synonyms

  • Lohnstopp (wage freeze)
  • Nullrunde (zero round; specifically in collective bargaining)

Antonyms

  • Lohnerhöhung (wage increase)
  • Nominallohnsteigerung (nominal wage increase)

Coordinate terms

  • Reallohnverlust (the consequence of a freeze during inflation)
  • Lohnzurückhaltung (wage restraint)
  • Sanierungstarifvertrag (a contract often including a wage freeze to save a company)
  • Inflation (the factor determining the severity of the freeze)

References