Definitions
There is 1 meaning of the phrase
Wage Floor.
Wage Floor - as a noun
Floor below which wages are not allowed to fall
Example Sentences
"The government implemented a wage floor to ensure that workers are paid a minimum amount."
"The company raised its wage floor to attract and retain skilled employees."
"Many economists argue that a high wage floor can result in job losses."
"The union negotiated for a wage floor increase in the new collective bargaining agreement."
"A wage floor helps to prevent exploitation of low-wage workers."
