maximum wage
[ˈmæksɪməm weɪdʒ]
nounpl: maximum wages
salário máximo
1. The highest amount of money that an employee is legally permitted to earn, often implemented as a policy to reduce income inequality or during wartime economic controls
The government proposed a maximum wage policy to limit executive compensation.
O governo propôs uma política de salário máximo para limitar a compensação executiva.
2. A cap on earnings established by law, regulation, or company policy
During the economic crisis, a maximum wage was implemented for all public sector workers.
Durante a crise econômica, um salário máximo foi implementado para todos os funcionários do setor público.
Maximum wage is a controversial economic policy concept. In the USA, it gained historical attention during World War II wage controls and in modern discussions about executive compensation and income inequality. In Brazil and Portugal, it appears primarily in labor law contexts and discussions about public sector employee compensation during economic crises. The concept remains politically divisive, with supporters viewing it as a tool for equity and opponents citing concerns about economic efficiency and personal freedom.
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