penalty rate

noun

Meaning

(industrial relations) A mandated minimum rate of pay which is higher than the usual minimum wage, paid to an employee when working on weekends, public holidays, overtime, late night shifts or early morning shifts.

Etymology / origin

No prose etymology has been added yet.

No ancestor words have been linked yet.

Related words

loading(English)overtime(English)rate(English)minimum wage(English)blue circle rate(English)pay raise(English)piece rate(English)flow-on(English)

Descendant words

No descendant words have been linked yet.

Sources

DictionaryAPI.dev English dictionary data