What are Wage Credits? | Meaning & Definition | Akrivia HCM

Wage Credits are a different approach to labor relations in the workplace. Wage Credits will make it easier for everyone involved in negotiating labor agreements–employers and employees alike. Wage Credits encourage employers to be more flexible by eliminating higher costs associated with their current benefits programs. In addition, employees may find that they can recoup the cost of some of the wage credits to which they’re entitled through reduced taxes.

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