wage labour system

基本解释

And because chaebol pay scales often rise according to years in service, they squeeze wage bills by firing older workers, with the service sector working as a recycling system for surplus labour.
因爲企業巨頭的工資標準通常根據服務的年數而增長，他們通過解雇老員工來減少工資支出，服務部門則像賸餘勞動力的廻收系統一樣運轉。
They are also a function of a peculiar labour market with lifetime employment, a wage system based on seniority rather than performance, and little job mobility among managers.
同時這種薪酧制度也有助於維護該國特有的講究論資排輩和缺乏流動性的終身雇傭制爲基礎的勞動力市場。