Definition of wage drift in English:

wage drift

Line breaks: wage drift

noun

[mass noun]
  • The tendency for the average level of wages actually paid to rise above wage rates through increases in overtime and other factors.
    More example sentences
    • 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).

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Word of the day grotesquerie
Pronunciation: grəʊˈtɛskəri
noun
grotesque quality or grotesque things collectively