What is the definition of Wage compression? | Dictionary.net

WAGE COMPRESSION

\wˈe͡ɪd͡ʒ kəmpɹˈɛʃən], \wˈe‍ɪd‍ʒ kəmpɹˈɛʃən], \w_ˈeɪ_dʒ k_ə_m_p_ɹ_ˈɛ_ʃ_ə_n]\

Definitions of WAGE COMPRESSION

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

Inequities in wages arising from new employees who want more money than current employees. See wage expansion.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Snake's-head

Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.

View More

Nearby Words