theamountofmoneythat aparticulartypeofworkerorgroupofpeopleusuallyearns:Themarketdictateswhatwagelevelsforvariousoccupationsshould be.Thestateof New Mexico israisingitsminimumwagelevelto $7.50.(Definition ofwage levelfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofwage level
wage levelThe minimumwagelevelwas again increasedthis time to $1.25 per hour.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.However, we do see the impact of gender andwagelevel.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.As a result, they get a higher net benefit, on average, no matter what thewagelevel.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thewagelevelprevailing is essentially the result of interplay of supply and demand.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.At the $95,000wagelevela married person could be a big winner getting net benefits of about $165,000.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.He left his post thirteen months later, citing dissatisfaction at hiswagelevel.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The decrease in the realwageleveldecreases the level of profits, and the size of surplus that could have been re-invested for more industrialization.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thewagelevelin this scenario would be higher than the earlier scenario.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The average employee receives a benefit at 47% of theirwagelevelif they have to claim benefits when unemployed.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This measure is often monitored and used by government or other organisations as a benchmark for thewagelevelof individual workers in an industry, area or country.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/wage-level##