wage floor


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Noun1.wage floor - floor below which wages are not allowed to fall
floor, base - a lower limit; "the government established a wage floor"
References in periodicals archive ?
The rate "It's also important that businesses offer low-paid staff more opportunities for promotion and progression so that they don't get stuck on the wage floor.
Pay rises don't come for free and the expected rise will take the wage floor into uncharted territory.
Pay rises don't come for free, and the expected rise will take the wage floor into uncharted territory.
MCTF's partnership with my office has helped us tremendously in our effort to level the playing field for honest janitorial businesses and protect the wage floor in California.
50 fundamentally changes the dynamics of the debate over the state's wage floor.
The Obama Administration supports a bill that will gradually lift the wage floor to $12 per hour by 2020 and update it every year so that its value holds even as the cost of living rises.
19 meeting of the Senate Finance Committee, Kyle Hannah, the chief financial officer of a company that employs about 85 personal attendants, said the current wage floor was too low to be competitive.
Though similar to other bills to raise the wage floor, the legislation contained a provision that incorrectly defined independent franchise small businesses as "large employers," thereby qualifying them for an accelerated implementation of the higher wage.
Washington currendy has the nation's highest state wage floor at $9.
The nation's fast-food restaurants, which employ many of the country's low-wage workers, are at the center of the debate over low pay and raising the federal minimum wage -- fueled by protests demanding that fast-food chains establish a $15 wage floor.
Department of Labor's own assessment of the first 25-cent minimum wage in 1938 found that it resulted in job losses for 30,000 to 50,000 workers, or 10 to 13 percent of the 300,000 covered workers who previously earned below the new wage floor.
calculates its credit for the 2014 tax year using the inflation-adjusted wage floor of $25,400 and the maximum credit percentage of 50%.