red circling

red circling
The practice of "freezing" the pay of employees who are paid more than colleagues who are doing equivalent work until such time as their pay is in line with the other employees. This may occur following a reorganisation or where their employment transfers to another employer or their employer is sold to another group.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем решить контрольную работу

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