Pay Rate (Noun)
Meaning
Amount of money received per unit time; "women's pay rate is lower than men's".
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's pay rate for interns is $15 per hour during the summer months.
- Her pay rate as a freelance writer is $50 per article, regardless of the word count.
- The union negotiated a higher pay rate for its members, resulting in a significant increase in annual salaries.
- The pay rate for overtime work is 1.5 times the regular hourly rate, as stated in the employee handbook.
- According to the report, the pay rate for women in the tech industry is still 20% lower than that of their male counterparts.