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"wage negotiation" is correct and usable in written English.
It is a process of discussing and attempting to reach an agreement on wages between two parties. For example: "The employees and their employer have been engaging in wage negotiations for weeks."
Exact(9)
A growing number of executives now say that Germany's whole wage negotiation structure is too rigid.
THE annual wage negotiation between Japan's unions and its biggest companies is called shunto; the characters literally mean "spring struggle".
Rick Dubinsky, longtime head of the AirLine Pilots Association at United, made this clear when he and Goodwin began a recent wage negotiation.
A spokesman for Lonmin said the talks were not a wage negotiation, but rather "a private discussion about how to get employees back to work".
Centralized wage negotiation in the Scandinavian countries functions to set limits for local bargaining rather than to fix the actual wage rate paid; as a result, local wage rates tend to drift away from the centrally determined one.
The interview, the wage negotiation, the decision to have her stay there, and the provision of a cot and a simple clothing rack had all been handled by his mother-in-law.
Similar(49)
We analyze the optimal procurement of labor, which can be supplied either internally, based on wage negotiations, or acquired at terms negotiated with an external subcontractor.
Wage negotiations resulted in an average rise of 3.5%.
Royal Mail will shortly start a new round of wage negotiations.
"Why should we start wage negotiations?" said Kleber.
In Germany, wage negotiations typically take place at a regional level between industry groups and unions.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com