TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

INDEXED WAGE [1 record]

Record 1 2012-06-05

English

Subject field(s)
  • Remuneration (Personnel Management)
CONT

In an indexed collective agreement, wages each year would automatically be increased at the rate of inflation, preserving the purchasing power of the agreed-upon wage. For example, if prices of consumer goods rise by 2% over the year (that is, the rate of inflation is 2%), an indexed wage will also automatically rise by 2%, so that the quantity of goods the worker can purchase is unchanged.

French

Domaine(s)
  • Rémunération (Gestion du personnel)
CONT

Selon les territoires, vous pouvez percevoir : un salaire indexé avec un coefficient de 0 à 2,05 %; une indemnité d’éloignement pouvant représenter de 10 à 23 mois de rémunération [...]

Spanish

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