wage clause

wage clause
wage clause PERS Lohngleitklausel f

Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.

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  • escalator clause — Provision in a contract allowing cost increases to be passed on. In an employment contract, for example an escalator clause may call for wage increases in line with inflation. Bloomberg Financial Dictionary * * * escalator clause escalator clause …   Financial and business terms

  • escalation clause — escalator clause or escalation clause noun A clause in an agreement allowing for adjustment up or down according to change in circumstances, as in cost of material in a work contract or in cost of living in a wage agreement • • • Main Entry:… …   Useful english dictionary

  • escalation clause — /ɛskəˈleɪʃən klɔz/ (say eskuh layshuhn klawz) noun a provision in a contract allowing for adjustments up or down under specific economic conditions, as in the cost of living in a wage agreement. Also, escalator clause …  

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  • cost of living clause — A provision, commonly in labor agreements, and also in certain pension, retirement, and disability benefit programs, giving an automatic wage or benefit increase tied in some way to cost of living rises in the economy. Cost of living is usually… …   Black's law dictionary

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