💡 Words with a Similar Meaning to "Wage drift"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| wage-push inflationnoun | (economics) The situation where rising wages lead to an increase in the cost of goods. |
| inflationary spiralnoun | (economics) A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on. |
| wage premiumnoun | (economics) The average amount that the wages of members of a certain group are greater than those of the population as a whole |
| wage sharenoun | (economics) The part of national income, or the income of a particular economic sector, allocated to wages (labor). |
| wage stopnoun | (economics) A limit on the state benefits an unemployed person can receive, preventing these benefits from exceeding the amount that the person would be expected to earn if employed. |
| bowley's lawnoun | (economics) A stylized fact of economics which states that a country's wage share remains constant over time. |
| flow-onnoun | (Australia, New Zealand) A wage adjustment or an improvement in working conditions made as a consequence of one already made in a similar or related occupation. |
| wagedomnoun | The practice of hiring workers for wages. |
| board wagenoun | (historical) A monetary allowance given to servants so that they can buy food for themselves. |
| living wagenoun | (economics) The minimum income necessary for a worker to meet their basic needs. |
| wage labornoun | Labor that is sustained by giving the laborer a wage. |
| ratenoun | The proportional relationship between one amount, value etc. and another. |
| wage scalenoun | (business, labor relations) A system of remuneration for workers which specifies levels of payment based on set criteria, such as the skill levels of the various jobs or the number of years of experience possessed by workers. |
| wagenoun | (often in plural) An amount of money paid to a worker for a specified quantity of work, usually calculated on an hourly basis and expressed in an amount of money per hour. |
| union wage premiumnoun | (economics) The wage premium due to being in a trades union |
| second-round effectnoun | (economics) The situation where inflation starts to have an indirect impact, affecting wages and prices. |
| pay risenoun | (UK, Ireland, Australia, rest of Commonwealth, sometimes Canada) An increase in salary or wages. |
| shadow real wagenoun | (economics) A shadow price of labor, i. e. a real wage which is not based on actual market exchanges. |
| labor sharenoun | (economics) Synonym of wage share. |
| wage billnoun | The total amount of money spent by an organization on wages. |
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