He had a simple reason: his salary would have been frozen until the fall of 1997.
All other salaries were increased by 12 percent and then frozen.
Sears told 20,000 employees their salaries in 1991 would be frozen at this year's levels.
Merrill Lynch has frozen salaries until the middle of next year.
Hiring and salaries are frozen at almost every arts institution.
He and his wife's salaries were frozen by the Red Guards.
The church recently cut its national budget by 5 percent and has frozen hiring and salaries for 1991.
It freezes salaries and wages while allowing most prices to rise.
Airline employees are protesting new legislation to freeze salaries at 1997 levels for two years.
Actually, many universities have frozen salaries for the second year in a row due to funding crises.