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Wage Floor

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Wage Floor
The lowest 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 floor is $12.
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The labor movement has stepped into this void, partnering with community organizations and law-abiding employers, creating relationships with state departments of labor and attorneys general, and supporting private labor standards enforcement models to shore up the wage floor for all workers.
Labor's wage war by Ruckelshaus, Catherine K. / Fordham Urban Law Journal
The very idea of having government set a wage floor offends some people, especially business owners.
Don't shop till they drop: can anyone live with dignity on pennies an ... by Senser, Robert / U.S. Catholic
Democratic Congress raises the wage floor nationally, as widely expected.
Agenda items: Lynch inaugural addresses business issues by Sanders, Bob / New Hampshire Business Review
 
 
 
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