wage setter

1. 1.

   any economic condition or variable that serves to set wage rates

   Broadereconomic condition

Questions about wage setter

What does wage setter mean?

wage setter means "any economic condition or variable that serves to set wage rates".

Is wage setter a common word?

wage setter is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.