What is another word for maximum wage?
Pronunciation: [mˈaksɪməm wˈe͡ɪd͡ʒ] (IPA) 
Maximum wage refers to the highest amount of income that an individual can earn for their work. However, there are several synonyms that can be used to describe this concept such as salary cap, top pay limit, earnings ceiling, compensation ceiling, pay cap, and income threshold. The idea of a maximum wage is often discussed in the context of reducing income inequality and ensuring fairness in the workplace. Some argue that implementing a maximum wage can help to address the widening gap between the highest and lowest earners, while others believe it would stifle innovation and discourage hard work. Regardless, the concept of a maximum wage remains a topic of debate in many industries.
