Meanings
nounwage premium (plural wage premiums)
plural wage premiums
- economicsThe average amount that the wages of members of a certain group are greater than those of the population as a whole
Cite this entry
APA
wage premium. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/wage%20premium
MLA
“wage premium.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/wage%20premium. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “wage premium,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/wage%20premium.
Source: wage premium on Wiktionary, CC BY-SA 4.0.