wage cap
Salary maximum imposed
A wage cap is a limit on how much workers can be paid, typically imposed by a league on its teams or by an organization on employee compensation.
In professional sports, wage caps (also called salary caps) prevent wealthy teams from hoarding talent: The league's wage cap keeps competition balanced.
Wage caps may also appear in regulated industries or public sector employment.
- salaryFixed periodic employment payment
- ceilingRoom's upper surface
- limitMaximum allowed extent
- payrollStaff wages collectively
- budget constraintMaximum allowable expenditure
earnings · maximum · contract · union · negotiation · collective bargaining · collective · labor dispute · bargaining · sports · league · player · restriction · threshold · income · compensation · pay scale · freeze
- economic controlstariff, quota, sanction, embargo, trade restriction
- wage lawsovertime pay, overtime rules, FLSA, exempt employees, pay equity
- capsceiling, price ceiling, rent ceiling, debt ceiling, debt limit
- wagessalary, pay, paycheck, income, earnings
- budget limitsbudget cut, budget cuts, spending limits, spending freeze, tight budget