wage scale

noun

wage scale

noun
1

Business 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.

Labor relations

  • The contract also calls for establishing a wage scale that would start newly hired employees at salaries equal to 66 percent of existing pay rates.1986 July 26, “Delta's Pilots Reach Tentative 3-Year Pact”, in New York Times, retrieved 19 Jan 2012:
  • A wage scale should reflect job and performance differences fairly, or else firms risk alienating their staff.2007 November 26, Laura Blue, “Success Depends on Others Failing”, in Time:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.