Guaranteed Annual Wage
Also found in: Dictionary, Acronyms.
Guaranteed Annual Wage
A pledge by a company to provide sufficient work for an
employee to make an agreed-upon amount each year. The work may be irregular; that is, an employee may not be required to work one week but work overtime another.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.