wagecapacity

2. The total amount of wages a business is able to pay its workers.

Small shops often have a low wagecapacity during slow seasons.

3. The highest pay level a job or role is allowed to offer.

The manager explained the wagecapacity for the new position.

4. A worker's ability to earn more money based on skills and experience.

Training programs can raise a young worker's wagecapacity.

5. The share of a budget set aside for paying workers.

The charity kept its wagecapacity small so more money went to supplies.