wage determination

noun

1. the process of setting wage rates or establishing wage structures in particular situations

Example Sentences

“The strength of her work comes from combining careful and innovative historical data with insights from economic theories of wage determination, employment, discrimination and the political economy,” says economist Claudia Olivetti at Dartmouth College in Hanover, New Hampshire.

From Scientific American

The Department of Labor is processing some applications filed seven months ago for a prevailing wage determination, a calculation of the average wage paid to similar workers in any job that sets the minimum pay for sponsored workers receiving green cards.

From Los Angeles Times

So is the related modern monetary theory, which would explicitly subjugate central banks to finance ministries at a time when the concept of a universal basic income is also attracting growing interest and there is a need to reassess the wage determination process.

From The Guardian

George R. Tyler notes in The Globalist that "a healthy byproduct of codetermination has been higher wages, as nations across northern Europe have adopted local variations of the Australian wage determination mechanism, which links wages to rising productivity year after year."

From Salon

We have offered the $17-an-hour wage because it is the prevailing wage determination for this type of work, according to the United States Department of Labor.

From New York Times