Fair Wage
/ˈfɛər weɪdʒ/
Definitions
- (n.) A wage considered just and equitable, reflecting the worker's role, skill, and cost of living, often mandated by law or collective agreement.
The court ruled that the company must pay all employees a fair wage according to the new labor standards.
Forms
- fair wage
- fair wages
Related terms
See also
Commentary
The term 'fair wage' is context-dependent and may vary across jurisdictions; typically, it emphasizes moral and legal standards for just remuneration beyond mere minimum wages.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.