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Home > QFINANCE Dictionary > Definition of salary ceiling

Definition of

salary ceiling

  • 1.

    top of relevant pay range the highest level in a pay range that an employee can achieve under his or her contract

  • 2.

    restriction on size of pay an upper limit on pay imposed by government or fixed according to labor union and employer agreements

Definitions of ’salary ceiling’ and meaning of ’salary ceiling’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’salary ceiling’ and other financial terms with our online QFINANCE Financial Dictionary.

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