pay adjustment
Wage rate modification
A pay adjustment is a change to an employee's compensation, typically an increase but sometimes a decrease.
The term often serves as neutral corporate language for raises, cost-of-living increases, or salary corrections: Annual pay adjustments take effect in January.
It can also euphemistically describe pay cuts: The company announced pay adjustments across all departments.
- union negotiationsWorkforce-management contract discussions
- compensation packageComplete employment reward terms
- inflation rateSpeed of rising costs
- living wageIncome covering necessities
- market rateCurrent trading value
industry benchmarks · government regulations · skill shortages · pay grade · annual review · merit increase · economic downturns · salary negotiation
- pay equityequal pay, pay equity, pay equality, pay parity, wage equity
pay adjustmentbonus
Reward beyond expectation
one-time payment · lump sum · signing bonus · spot bonus · performance bonus
pay adjustmentpay cut
Reduction in earnings
salary reduction · demotion · downgrade · pay raise · salary increase
adjustment, pays, paying, payable, payer, payee, payment, repaid, repayment