wage floor
1
5.6
- noun
- /weɪdʒ flɔr/
- Specialized
:
salario mínimo
- Many states have raised their wage floor to ensure that workers earn a living wage.
These are anti poverty programs and also wage floors.
- These are anti poverty programs and also wage floors.
Examples
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And let's put the wage floor there, right?
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I personally believe that a wage floor is inefficient, but the way things are inflating, it becomes less of a factor.
Blog text (25) -
By subsidizing jobs (like farming or manufacturing) and forcing a wage floor, you distort that market.
Blog text (32) -
Without some form of collective protection (e.g., a union, mandated wage floors, or both), potential employees will always be underbid by someone else.
Blog text (11) -
The company has to comply with the new law that sets a national wage floor for all employees.
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Activists are campaigning to increase the wage floor as the cost of living continues to rise.
Synonyms
846
2.4
The least money employers can pay workers by law or contract for their work
31
5.2
A lowest allowed level for a price or wage
How High
18
3.4
- Specialized
1
5.6
Surface Forms
Morphology
The meaning 'the lowest level at which wages are permitted' is directly derivable from combining 'wage' (payment to employees) with 'floor' (a lower limit). This noun-noun compounding and the metaphorical use of 'floor' as a minimum is a common, compositional pattern that a B1 learner who knows both constituents should readily understand.
Etymology
Wage floor comes from the simple picture of a building floor as the lowest level and wage meaning pay. It is like a floor you cannot go below, so 'wage floor' means the 'lowest pay' employers are allowed to give by law.