Pay Raise
/ˈpeɪ ˌreɪz/
Definitions
- (n.) An increase in an employee's salary as authorized by an employer, typically documented in employment contracts or labor agreements.
The employee received a pay raise following the annual performance review.
Forms
- pay raise
- pay raises
Related terms
See also
Commentary
A pay raise is often subject to negotiation and formal agreement, making clear documentation crucial to avoid disputes.
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.