wage setter Antonyms

No Synonyms and anytonyms found

Meaning of wage setter

Wordnet

wage setter (n)

any economic condition or variable that serves to set wage rates

wage setter Sentence Examples

1. The labor union acted as a wage setter, negotiating higher salaries for its members.
2. The government's minimum wage policy served as an effective wage setter, ensuring a living wage for low-income workers.
3. The company's management team was the primary wage setter, determining employee compensation based on performance and seniority.
4. Market forces acted as the wage setter, with supply and demand influencing salary levels across industries.
5. The industry's collective bargaining agreement established a comprehensive wage setting mechanism, including annual wage increases and performance-based bonuses.
6. The employer and employee jointly determined wages through individual negotiations, making each employee a wage setter in their own right.
7. A bipartisan commission was appointed to review and make recommendations on the effectiveness of the national wage setter.
8. The economist argued that unions played a crucial role as wage setters, promoting wage equality and reducing income inequality.
9. The international labor organization advocated for global wage setting standards to ensure fair compensation for workers worldwide.
10. The company's incentive structure effectively transformed employees into wage setters, as they earned bonuses based on their individual productivity.

FAQs About the word wage setter

What is the meaning of the word wage setter

any economic condition or variable that serves to set wage rates

What are the synonyms of the word wage setter

No synonyms found.

What are the antonyms of the word wage setter

No antonyms found.

What is the usage of word wage setter

The labor union acted as a wage setter, negotiating higher salaries for its members.

The government's minimum wage policy served as an effective wage setter, ensuring a living wage for low-income workers.

How to use the word wage setter in a sentence?

The company's management team was the primary wage setter, determining employee compensation based on performance and seniority.

Market forces acted as the wage setter, with supply and demand influencing salary levels across industries.