Definition, Meaning & Synonyms
wage-increase
noun
/weɪdʒ ɪnˈkriːs/
Definition
A wage increase refers to a raise in an employee’s salary or hourly pay.
Examples
- After years of hard work, she finally received a wage increase.
- Employers often offer a wage increase to retain talented staff.
- The union negotiated a significant wage increase for all workers.
Meaning
Wage increase represents the adjustment in compensation that employers give to employees, often based on performance, inflation, or cost of living.
Synonyms
- salary raise
- pay hike
- compensation increase
