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Definitions from the WebWage FloorA wage floor refers to the minimum amount that an employer can legally pay their employees for their services. It is a government-imposed regulation designed to ensure that workers receive a fair and livable income. Examples:Noun: The government recently increased the wage floor to $15 per hour, providing a boost to low-income workers. Noun: Some argue that imposing a wage floor can lead to job losses, as businesses may not be able to afford paying higher salaries. Noun: The wage floor in this industry is much higher compared to other sectors. Noun: The union fought for a higher wage floor during the negotiations with the company. Related Products:Explore related books on wage floors: Wage Floor Books on Amazon | ||||
wag wag 1 wage-earning wage-price wage wage claim wage concession wage earner wage floor wage freeze wage hike wage increase wage scale wage schedule wage setter wage slave waged
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