guaranteed annual wage (GAW)

Definition

Employer guarantee that an employee will receive predetermined minimum wage for work performed in one year. Guaranteed annual wage is usually included in a contract as a provision.

Related Videos




http://www.businessdictionary.com/definition/guaranteed-annual-wage-GAW.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(102 Votes)
69% Bullish
(75 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z