[ wˈe͡ɪd͡ʒ kˈɜːv], [ wˈeɪdʒ kˈɜːv], [ w_ˈeɪ_dʒ k_ˈɜː_v]
Related words: wage curves, wage curve theory, wage curve equation, wage curves graphs, wage curve calculator, wage curve tool
How to use "Wage curve" in context?
When you are hired, your first step is to negotiate a wage. At first, the employer is willing to pay you a lower wage in order to get you to work. However, as you prove yourself and work harder, the employer will begin to offer you raises, which will in turn increase your take-home pay. There are usually two types of wage curves in the workforce: an upward wage curve and a downward wage curve.
An upward wage curve refers to the situation where the wages for a given position increase over time.
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