What is another word for wage hike?

7 synonyms found

Pronunciation:

[ wˈe͡ɪd͡ʒ hˈa͡ɪk], [ wˈe‍ɪd‍ʒ hˈa‍ɪk], [ w_ˈeɪ_dʒ h_ˈaɪ_k]

A wage hike is a salary increase that is given to an employee. This term is often used in the workplace when discussing raises or promotions. However, there are also other words that can be used to describe a wage hike or salary increase such as pay raise, salary bump, wage boost, salary hike, and pay increase. These synonyms offer alternative ways to communicate the concept of earning more money for work performed. Whatever term is used, a wage hike is an essential part of incentivizing employees and recognizing their hard work and dedication on the job.

Synonyms for Wage hike:

How to use "Wage hike" in context?

A wage hike is the hike in the hourly wage a person receives. It is usually an increase in the minimum wage, though there are other types of wage hikes as well. Wage hikes can either be passed in legislation by the government or negotiated between labor unions and employers. They can also be a result of increases in the cost of living, or decreases in the cost of labor.

The purpose of a wage hike is to increase the incomes of workers and to help reduce poverty. It can also increase consumer spending and help the economy grow. Overall, a wage hike helps to improve the quality of life for working families and the overall economy.

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