A cutback in employee wages or benefits conceded by a labor union in acknowledgment of unfavorable economic conditions or in exchange for other benefits.

• 削减，福利归还：雇员工资的削减，或是对由劳动工会承认的在不利经济条件下给予的津贴的削减，或是为了交换其它利益而给予的津贴的削减