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guaranteed annual wage

American  

noun

  1. a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year.


Etymology

Origin of guaranteed annual wage

First recorded in 1935–40

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The union said BuzzFeed was proposing a 1 percent guaranteed annual wage increase and a minimum salary of $50,000.

From New York Times • Dec. 2, 2021

Already, King had called for a guaranteed annual wage - a call that alarmed not only the business world, but the federal government.

From Washington Times • Feb. 19, 2016

After four weeks of secret negotiations with General Motors and Ford, the C.I.O.'s United Automobile Workers last week reported how much its guaranteed annual wage demands would cost.

From Time Magazine Archive

It was Ford who granted the first guaranteed annual wage to auto workers.

From Time Magazine Archive

The battle for the guaranteed annual wage in the auto industry got off to a start last week in an atmosphere of small-town friendliness.

From Time Magazine Archive

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