wage floor - Meaning in Hindi
wage floor - Meaning in Hindi
noun
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Definitions and Meaning of wage floor in English
wage floor noun
- floor below which wages are not allowed to fall
Description
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. Minimum wage policies can vary significantly between countries or even within a country, with different regions, sectors, or age groups having their own minimum wage rates. These variations are often influenced by factors such as the cost of living, regional economic conditions, and industry-specific factors.
Also see "Minimum wage" on WikipediaWhat is wage floor meaning in Hindi?
The word or phrase wage floor refers to floor below which wages are not allowed to fall. See wage floor meaning in Hindi, wage floor definition, translation and meaning of wage floor in Hindi. Learn and practice the pronunciation of wage floor. Find the answer of what is the meaning of wage floor in Hindi. देखें wage floor का हिन्दी मतलब, wage floor का मीनिंग, wage floor का हिन्दी अर्थ, wage floor का हिन्दी अनुवाद।
Tags for the entry "wage floor"
What is wage floor meaning in Hindi, wage floor translation in Hindi, wage floor definition, pronunciations and examples of wage floor in Hindi. wage floor का हिन्दी मीनिंग, wage floor का हिन्दी अर्थ, wage floor का हिन्दी अनुवाद