Wage Ceiling

Wage Ceiling

The highest possible wage within a wage bracket, which is the range of potential wages offered to a person with a given job description. For example, if a wage bracket is $12 to $15 per hour, the wage ceiling is $15.
References in periodicals archive ?
Cardiff now appear to have a PS20,000-a-week wage ceiling, which is certainly a step in the right direction, but may prove problematic were they to pursue Nolan.
So any mooted move would shatter Boro's wage ceiling and make a major dent in the summer spending budget.
It is relevant to note that the wage ceiling for coverage under the three schemes of EPFO i.
Clark had to work to a strict wage ceiling in the summer when he signed a raft of Bosmans, but now the financial limitations have lessened.
If he comes home, the same IRFU bosses who let him leave will have to loosen the purse strings and pay way above the current [euro]400,000 a year wage ceiling.
Further, increase in mandatory wage ceiling of subscription to EPS from Rs 6,500 to Rs 15,000 has been made and a provision of Rs 250 crore has been provided in the current budget.
The nine recommendations include counting only one partner's income in a married couple, increasing the maximum wage ceiling to BD1,200 for government homes and BD1,600 for loans and calculating an individual's entitlement based on their salary at the date of application rather than when the house is allocated.
79 per cent of basic wages as the proposed increase in wage ceiling would have resulted in perpetual burden on the exchequer.
Wenger will not only be able to spend big on fees, but also has the freedom to increase Arsenal's current wage ceiling and take a gamble in the market.
But the low wage ceiling at the club means they will not be able to compete with most of their rivals in the market.
Speaking on the occasion, LCCI Senior Vice President Irfan Iqbal Sheikh and Vice President Mian Abuzar Shad said that the business community strongly opposed increase in the wage ceiling from Rs 12,000 to Rs 15,000.
Currently Arsenal's top earners are Theo Walcott and Lukas Podolski on around A[pounds sterling]100,000 a week, but in order to attract the top echelon of players Arsenal are likely to have to be prepared to break the wage ceiling.