wageforecast
nounUK /ˈweɪdʒˌfɔːkɑːst/
US /ˈweɪdʒˌfɔːrkæst/
A guess about how much money someone will earn.
The company made a wageforecast to plan next year's budget.
OTHER MEANINGS
2. A prediction of future pay rates in a job or industry.
The union studied the wageforecast before negotiating.
3. A plan showing expected total pay for workers.
The manager checked the wageforecast for the new team.
4. An estimate of how wages will change over time.
Economists released a wageforecast showing slow growth.