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Salary Freeze

What Does It Mean?
What Does Salary Freeze Mean?
The action of a company suspending salary increases for a period of time.
Investopedia Says
Investopedia explains Salary Freeze
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.
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