wage floor Antonyms
No Synonyms and anytonyms found
Meaning of wage floor
Wordnet
wage floor (n)
floor below which wages are not allowed to fall
wage floor Sentence Examples
- A wage floor is a government-imposed minimum wage that employers must adhere to.
- The wage floor is intended to protect workers from exploitation and ensure a fair standard of living.
- Critics argue that a wage floor can lead to job losses and stifle economic growth.
- Raising the wage floor can have a significant impact on low-income workers and families.
- Some countries have established a national wage floor, while others have regional or industry-specific minimum wages.
- The wage floor in the United States has been stagnant for several years, leading to calls for an increase.
- The impact of a wage floor on unemployment remains a contentious topic among economists.
- Governments must carefully consider the potential consequences before implementing a wage floor.
- Employers may respond to a higher wage floor by reducing hiring or offering fewer benefits.
- The wage floor is a complex issue with potential benefits and drawbacks that require careful analysis and debate.
FAQs About the word wage floor
floor below which wages are not allowed to fall
No synonyms found.
No antonyms found.
A wage floor is a government-imposed minimum wage that employers must adhere to.
The wage floor is intended to protect workers from exploitation and ensure a fair standard of living.
Critics argue that a wage floor can lead to job losses and stifle economic growth.
Raising the wage floor can have a significant impact on low-income workers and families.
