High-waged

Describing a worker, job, or industry characterized by the payment of relatively substantial salaries or compensation. 'High-waged' implies an income level significantly above the average or a specified benchmark, often associated with higher skills, education, responsibility, or demand for specialized labor. This designation can refer to individuals earning significant annual salaries, companies offering competitive compensation packages to attract and retain top talent, or industries that generate substantial revenue and distribute a portion of it through increased employee wages, salaries, and other benefits. The term focuses on the quantitative aspect of wages, as it denotes a particular level that would be considered above-average, highly compensated or well-paid for the industry or geographic location.

High-waged meaning with examples

• The software engineering sector is known for its high-waged positions, attracting skilled professionals with generous salaries and comprehensive benefits packages. These roles are critical to innovation, so companies actively compete, offering attractive packages. The constant technological advancement means demand keeps salaries up, creating a competitive environment.
• To attract qualified candidates, the construction company advertised several high-waged positions. These roles, specifically for experienced project managers and specialized engineers, offered significantly higher salaries and signing bonuses to compensate for the demanding work and attract top talent. This strategy aimed to fill roles in construction.
• The city saw an economic shift with the growth of a high-waged service industry focused on finance and technology. This caused a ripple effect, impacting local businesses that catered to the increased spending power of the employed. This had a larger community impact, as a larger segment of the population could improve their finances.
• The study explored the impact of high-waged jobs on local communities, investigating the relationship between income levels, access to resources, and overall quality of life. Research revealed that these jobs were not only correlated with an increase in economic activity but also spurred infrastructure development, which further improved the overall quality of life.
• Despite facing global competition, the manufacturing sector continues to create high-waged opportunities, particularly in areas with automation and advanced technologies. These jobs often require workers to possess specialized skills, but the higher salaries are an attraction. This focus keeps a portion of labor opportunities and encourages investments in those areas.