wageboundary
nounUK /ˈweɪdʒˌbaʊndəri/
US /ˈweɪdʒˌbaʊndəri/
A wage boundary is the line where one pay level stops and another begins.
The new contract set a wage boundary between trainees and full-time workers.
RELATED WORDS
OTHER MEANINGS
2. The highest amount of money a job is allowed to pay.
Managers cannot offer more than the wage boundary for this role.
3. A rule that separates different groups of workers by how much they earn.
The wage boundary keeps part-time and full-time staff in separate pay groups.
4. The point at which extra work no longer adds to a person's pay.
Once she reached the wage boundary, overtime hours stopped increasing her check.