annual increment

noun

British
: an annual salary increase
Employees receive an annual increment of three percent.

Examples of annual increment in a Sentence

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The university asked the union to agree that the 2% increase would be the total annual increment for union members for that first year, and the union rejected it, Lipton said, because the union was looking to bargain for more than the 2% proposal. Madeline Mitchell, The Enquirer, 19 Dec. 2024

Dictionary Entries Near annual increment

Cite this Entry

“Annual increment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/annual%20increment. Accessed 9 Jan. 2025.

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