Meaning of wage drift in English:

wage drift


mass noun
  • The tendency for the average level of wages actually paid to rise above wage rates through increases in overtime and other factors.

    ‘She refers to ‘the problem of wage drift’ the idea that workers' pay was too high and contributed to the series of economic crises in the 1970s.’
    • ‘Negotiations at the plant level frequently violated caps set in economy-wide bargaining (in the phenomenon known as wage drift).’