Definition of wage drift in English:

wage drift

noun

mass noun
  • The tendency for the average level of wages actually paid to rise above wage rates through increases in overtime and other factors.

    • ‘Negotiations at the plant level frequently violated caps set in economy-wide bargaining (in the phenomenon known as wage drift).’
    • ‘She refers to ‘the problem of wage drift’ the idea that workers' pay was too high and contributed to the series of economic crises in the 1970s.’