wage scale
Noun
Meaning
wage scale (plural wage scales)
(business, labor relations) 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.
Hypernyms
Hyponyms
Examples
My fees are not too high. Your wage scale may simply be too low.
Banana workers continued at the top of the wage scale in the 1990s; however, in the 1980s, as banana production became less labor-intensive, the companies had decreased their investment and work force.
Second, there was no growth in manufacturing, due perhaps to a weaker sense of industrial entrepreneurship and to the high wage scale.