Tagpay cuts

stand and sue

stand and sue  v. phr.— «There is no question that your managing director’s actions give employees a number of potential claims, not least of which is constructive and unfair dismissal—but are employees going to walk out of a job when...

Carpocalypse

Carpocalypse  n.— «Did you suffer a major cut in pay due to the Carpocalypse? Did you have to remove your name from the list for the next Ferrari über-car?» —“Race Car Replicas: Ferrari Enzo Performance For Carpocalypse...

sticky-wage theory

sticky-wage theory  n.— «The reason is something called the sticky-wage theory. Economists have long been puzzled by the fact that most businesses simply will not cut their workers’ pay, even in a downturn. Businesses routinely lay...