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Wage Floor
(redirected from minimum wage)

    Also found in: Dictionary/thesaurus, Legal, Acronyms, 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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Sixteen-year-old Steve Wayne, who worked this summer as a lifeguard and swim teacher in Idaho Falls, was thrilled to see an extra $20 in his paycheck when the federal minimum wage increased in July.
$7.25 an hour: is it all good news? this summer's minimum-wage hike ... by Smith, Patricia / New York Times Upfront
In a submission to the Low Pay Commission, the EEF said the national minimum wage should be determined by a formula based on movements in basic rates of pay across the economy.
Call for wages formula by Huddersfield Daily Examiner (Huddersfield, England)
ANKARA, Jun 25, 2009 (TUR) -- The net monthly minimum wage in Turkey is set to increase to 546.
(ECO) MINIMUM WAGE SET TO INCREASE 4.1 PCT by Anadolu (Eskisehir, Turkey)
 
 
 
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