From Longman Dictionary of Contemporary Englishwage freezewage freezeBEWPGan action taken by a company, government etc to stop wages increasing → wage
Examples from the Corpus
wage freeze• The 340 hourly-paid workers would not accept a wages freeze and cuts in their benefits and were sacked.• Three-quarters of the workforce was sacked after failing to accept a management plan which involved a wages freeze and benefit cuts.• Those who had feared price and wage freezes were relieved.• They agreed to return to work but under protest at the wage freeze and benefits cuts.• The wage freeze was part of a campaign to bring down inflation from 2,000-2,500 percent to a target of 13 percent.