This is the 7299th most frequent German word.
gehaltsverzicht
Salary waiver or renouncement.
Here, 'Gehaltsverzicht' refers to employees willingly giving up a part of their salary as a measure to support the company during financial challenges.
Der Gehaltsverzicht der Mitarbeiter half, das Unternehmen zu retten.
The salary waiver by the staff helped save the company.
In this case, 'Gehaltsverzicht' is used to indicate a general scenario where reducing salaries might be a required action to address financial difficulties.
Ein Gehaltsverzicht kann in Krisenzeiten notwendig sein.
A salary waiver can be necessary in times of crisis.
Here, 'Gehaltsverzicht' is mentioned as a proposal or idea being considered or debated among employees or management.