WAGE DEMAND Meaning and
Definition
-
Wage demand refers to the request made by workers or labor unions for an increase in pay or wages. It is an expression of the desired compensation level that employees expect to receive from their employers for the work they perform. This demand is usually presented during collective bargaining negotiations between labor unions and employers, or expressed individually by employees to their direct supervisors or human resources departments.
Wage demands are often influenced by various factors, such as inflation, cost of living, industry standards, market trends, and the overall economic conditions of a particular region or country. Employees may argue that their wage demands are justified due to increased job responsibilities, improved productivity, higher educational qualifications, and the need to maintain a certain standard of living.
The negotiation process for wage demands may involve discussions on the proposed increase in numerical figures or the terms and conditions of employment, such as the frequency of pay raises, benefits, and bonuses. Employers typically consider factors such as profitability, budget constraints, and the labor market competitiveness before accepting or rejecting wage demands.
Depending on various circumstances, wage demands can result in successful negotiations leading to a pay raise, or they may be met with employer resistance, leading to further discussions, strikes, or other forms of industrial action. Overall, wage demands play a crucial role in shaping the employer-employee relationship and determining the compensation levels for workers in different industries and sectors.
Common Misspellings for WAGE DEMAND
- qage demand
- aage demand
- sage demand
- eage demand
- 3age demand
- 2age demand
- wzge demand
- wsge demand
- wwge demand
- wqge demand
- wafe demand
- wave demand
- wabe demand
- wahe demand
- waye demand
- wate demand
- wagw demand
- wags demand
- wagd demand
- wagr demand
Etymology of WAGE DEMAND
The word "wage" originated from the Middle English word "wage" or "wagge", which referred to a payment or reward for work done. Its origins can be traced back to the Old North French word "wage", meaning pledge or security, and ultimately derived from the Latin word "vadium", meaning pledge or surety.
The word "demand" derives from the Old French word "demander", meaning to request or ask for. This term can be traced back to the Latin word "demandare", which combines "de" (meaning intensive) and "mandare" (meaning to order or command).
When these two words are combined to create "wage demand", it refers to the act of requesting or asking for a specific payment or salary for one's work or services rendered.
