guaranteed wage

guaranteed wage
/ˌgærənti:d 'weɪdʒ/ noun
a wage which a company promises will not fall below a specific figure

Dictionary of banking and finance. 2015.

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  • guaranteed wage — UK US noun [C] ► GUARANTEED PAY(Cf. ↑guaranteed pay) …   Financial and business terms

  • guaranteed wage plan — ▪ business       system by which an employer ensures a minimum annual amount of employment or wages (or both) to employees who have been with the employer for a required minimum period of time. The United States has had more experience than other …   Universalium

  • guaranteed wage — /ˌgærənti:d weɪdʒ/ noun a wage which a company promises will not fall below a specific figure …   Marketing dictionary in english

  • guaranteed wage — noun : an assurance by an employer to qualified workers of continuing wage payments for a specified period of time …   Useful english dictionary

  • wage — [weɪdʒ] noun [countable] also wages HUMAN RESOURCES money that someone earns according to the number of hours, days, or weeks that they work, especially money that is paid each week: • The average hourly wage in the industry is $8. • Workers were …   Financial and business terms

  • guaranteed pay — UK US noun [U] ► (also guarantee pay, also guaranteed wage [C]) HR an agreement that an employer must pay employees for days when they are available to work even when there is no work for them to do: »Under the guaranteed pay scheme, when you… …   Financial and business terms

  • Guaranteed minimum income — (GMI) is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and… …   Wikipedia

  • wage — Synonyms and related words: base pay, carry on, compensation, conduct, dismissal wage, do, earnings, employ, engage in, escalator clause, escalator plan, exercise, financial remuneration, follow, go in for, gross income, guaranteed annual wage,… …   Moby Thesaurus

  • guaranteed annual wage — noun : an arrangement whereby an employer guarantees his employees a minimum amount of wages or employment during a year * * * a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year …   Useful english dictionary

  • guaranteed annual income — 1. Also called guaranteed income. compensation provided by the government to any family or individual whose annual income falls below a specified level. 2. See guaranteed annual wage. [1965 70] * * * …   Universalium

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