Define:

A fair wage

The meaning of “

A fair wage

” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is A fair wage defined in a legal contract?

  • A fair wage means a wage that is just and reasonable. Seen in 8 SEC filings
  • A fair wage means compensation that is proportionate to the value of the services provided, taking into account all relevant circumstances that affect the value of the service. This includes considering the wages paid for comparable work by employers who voluntarily maintain minimum fair wage standards. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of a fair wage' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • A fair wage means justly earned compensation that is reasonable and proportionate to the value of services rendered.

Relevant Contract Types

Relevant Circumstances

  • The hiring of new staff.
  • The renegotiation of existing employee contracts.
  • The hiring of consultants or external service providers.
  • The creation of contracts for subcontractor services.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “

A fair wage

" in your document?

🚀 Try our AI Legal Assistant! It's free while in beta and it can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of '

A fair wage

'?

A fair wage means justly earned compensation that is reasonable and proportionate to the value of services rendered.

The 2nd most popular definition of '

A fair wage

' is:

The 3rd most popular definition of '

A fair wage

' is:

The 4th most popular definition of '

A fair wage

' is:

The 5th most popular definition of '

A fair wage

' is:

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