wage subsidy
Government hiring assistance
A wage subsidy is government funding that covers part of workers' pay, typically to encourage hiring or prevent layoffs.
Employers receive the subsidy to offset labor costs, making it cheaper to employ people.
Wage subsidies often target specific groups—young workers, the long-term unemployed, or during economic crises: The pandemic wage subsidy kept millions on payrolls.
- small business reliefAssistance for modest enterprises
- job creationEstablishing new work positions
- back to workResuming one's occupation
- food stampsSubsidized grocery purchasing vouchers
- stimulus packageGovernment spending to revive economy
fiscal policy · taxation systems · housing assistance · work-study programs · tax credits · unemployment benefits · pension schemes · unemployment insurance · public assistance programs · safety net · government handout · industrial policy · deficit spending · social security benefits · trade tariffs · career counseling · monetary policy · inflation control
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- subsidiesdirect payments, direct payment, state aid, housing aid, federal aid
- wagessalary, pay, paycheck, income, earnings
wage subsidypayroll tax
Withholding from worker wages
employment tax · wage tax · minimum wage increase · wage garnishment · tax burden
wage subsidypay reduction
Lowered compensation rate
wage garnishment · salary freeze · hiring freeze · layoff · furlough
wage, subsidy, wages, waged, wager, wagers, wagering, subsidies, subsidize