nominal wages (Meaning)

nominal wages

wages measured in money as distinct from actual purchasing power

The company's nominal wages have increased by 5% in the past year, but when adjusted for inflation, real wages have remained stagnant.
The nominal wage rate for entry-level positions in the industry is $15 per hour.
The union negotiated a 3% increase in nominal wages over the next three years.
Despite a rise in nominal wages, the cost of living has outpaced wage growth, resulting in a decline in purchasing power.
The company's annual report showed a 10% increase in nominal wages for its employees.
When considering job offers, it's important to compare not only nominal wages but also benefits and perks.
The government's economic stimulus package includes provisions for increasing nominal wages for low-income workers.
Rising nominal wages have put pressure on employers to find ways to reduce labor costs.
The nominal wage gap between men and women has narrowed in recent decades, but still persists.
Some economists argue that increasing nominal wages can lead to inflation and reduced employment opportunities.

wages measured in money as distinct from actual purchasing power

pay envelope, living wage,minimum wage, wage, hire, paycheck, pay, double time,salary, payment

No antonyms found.

The company's nominal wages have increased by 5% in the past year, but when adjusted for inflation, real wages have remained stagnant.

The nominal wage rate for entry-level positions in the industry is $15 per hour.

The union negotiated a 3% increase in nominal wages over the next three years.

Despite a rise in nominal wages, the cost of living has outpaced wage growth, resulting in a decline in purchasing power.