Definition, Meaning & Synonyms
back-pay
Noun
ˈbæk-peɪ
Definition
Back-pay refers to the money that is owed to an employee for work that has been completed but not compensated for in the usual timeframe.
Examples
- After the labor dispute was resolved, the workers received back-pay for the months they had been underpaid.
- The company agreed to provide the employee back-pay after it was found that their pay had been miscalculated.
- The contract stipulated that if the pay was delayed, the employee would receive back-pay for the period of delay.
Meaning
It typically applies to wages that were due in the past, often as a result of legal issues, labor disputes, or contractual disagreements.
Synonyms
- arrears
- wage recovery
- compensation owed