welfare wages

Intermediate 💰 Finance / Accounting

Definition

Compensation from employment that's so pitiful you'd need government assistance to survive, even with a job. These poverty-level wages force workers to supplement income with public benefits just to cover basic necessities.

Example Usage

The company pays welfare wages—most employees are on food stamps despite working full-time.

Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=welfare%20wages&defid=9951625)

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