The spelling of the word "wayman" is a bit tricky. It is pronounced /ˈweɪmən/ and is derived from the Old English word "wegmann". The phonetic transcription of the word shows that the "way" sound is pronounced as /weɪ/ and the "man" sound is pronounced as /mən/. The word "wayman" is rarely used in modern English but refers to a person who works for the maintenance or repair of a road or way, hence the word's origin from Old English.