wage policy
1Wage insurance — is a form of proposed insurance that would provide workers with compensation if they are forced to move to a job with a lower salary. The idea is usually proposed as a response to outsourcing and the effects of globalization, although it could… …
2wage-stop — wage stop, British. the principle or policy of not allowing an unemployed person to receive more money from public funds than he would earn while working: »The wage stop is the device used to stop families receiving more in social security… …
3wage stop — wage stop, British. the principle or policy of not allowing an unemployed person to receive more money from public funds than he would earn while working: »The wage stop is the device used to stop families receiving more in social security… …
4Policy Ineffectiveness Proposition — The Policy Ineffectiveness Proposition (PIP) is a new classical theory proposed in 1976 by Thomas J. Sargent and Neil Wallace based upon the theory of rational expectations. It posits that governments are powerless in the management of output and …
5wage and salary — ▪ economics Introduction income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …
6wage-price control — Setting of government guidelines to limit increases in wages and prices. It is one of the most extreme approaches to incomes policy. By controlling wages and prices, governments hope to control inflation and prevent extremes in the business cycle …
7wage freeze — An attempt by a government to counter inflation by fixing wages at their existing level for a specified period. For various reasons, including the use of overtime and bonuses to defeat the measure, this is no longer considered an effective policy …
8National Minimum Wage Act 1998 — Parliament of the United Kingdom Long title ... Statute book chapter 1998 …
9minimum wage — noun the lowest wage that an employer is allowed to pay; determined by contract or by law • Hypernyms: ↑wage, ↑pay, ↑earnings, ↑remuneration, ↑salary * * * noun [singular] : an amount of money that is the least amount of money per hour that… …
10Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …
