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.
wage floor Meaning
Wordnet
wage floor (n)
floor below which wages are not allowed to fall
Synonyms & Antonyms of wage floor
No Synonyms and anytonyms found
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.