The tendency for the average level of wages actually paid to rise above wage rates through increases in overtime and other factors.
- She refers to ‘the problem of wage drift’ the idea that workers' pay was too high and contributed to the series of economic crises in the 1970s.
- Negotiations at the plant level frequently violated caps set in economy-wide bargaining (in the phenomenon known as wage drift).
For editors and proofreaders
Line breaks: wage drift
Definition of wage drift in:
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.