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Limited productivity growth may also limit wage growth.
Still, various factors could limit wage inflation.
All those factors could limit wage inflation.
Still, there are various factors that could limit wage inflation.
They have agreed to limit wage bill increases to £4m in 2013, then £8m, then £12m, out of the Premier League's TV income.
However, fears are building that firms will put hiring decisions on hold and limit wage rises as they seek to rein in costs in an uncertain business environment.
Similar(45)
Union officials say such attempts to limit wages are common on affordable housing projects with limited rents.
Posh, who secured Championship survival on Tuesday, support a proposal to limit wages to 60% of turnover.
But they contend that noninflationary job growth is reaching its limit: Wages will soon start to rise faster than productivity, and fuel inflation.
Legislation was introduced to limit wages and to prevent the consumption of luxury goods by the lower classes, with prosecutions coming to take up most of the legal system's energy and time.
In Sweden, responsibility for limiting wage increases has been assigned to labour-management organizations where bargaining takes place in a centralized fashion.
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