Wage Increase
/ˈweɪdʒ ɪnˌkriːs/
Definitions
- (n.) An increase in the amount of monetary compensation paid to an employee for labor or services.
The union negotiated a wage increase for all its members starting next quarter.
Forms
- wage increase
- wage increases
Related terms
See also
Commentary
Typically appears in employment contracts and collective bargaining agreements; precise terms depend on jurisdiction and negotiation.
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.