retroactive pay
Owed wages, later
Retroactive pay is wages owed for work already performed, paid later to correct an underpayment or reflect a delayed raise.
When a salary increase is approved months after it should have taken effect, retroactive pay covers the difference: The union negotiated retroactive pay back to January.
Often shortened to retro pay.
- backpayOverdue salary owed
- arrearsOverdue financial obligations
- wagesPayment for work
- compensationPayment for services rendered
- pay stubEarnings and deductions summary
salary · paycheck · overtime · adjustment · settlement · reimbursement · lump sum · lump sum payment · pay adjustment · accrued · owed · withheld · union · collective bargaining · contract · grievance · labor dispute · negotiation
- payrollpaycheck, gross pay, base salary, net pay, pay stub
- labor contractsbargaining, clause, seniority, grievance, dues
- wageswage, salary, pay, paycheck, income
- labor unionsunion dues, trade union, union membership, labor union, union shops
- pay changesraise, pay raise, pay cut, wage increase, salary bump
- Payroll Problemslate payment, underpayment, overpayment, bounced check, miscalculation
retroactive, retro, active, action, acting, actress, activate, activation, react