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Look up:
Wage insurance
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Wage insurance
Wage insurance is a form of proposed insurance that would provide workers with compensation if they are forced to move to a job with a lower salary. The idea is usually proposed as a response to outsourcing and the effects of globalization, although it could equally be proposed as a response to job... Found op http://en.wikipedia.org/wiki/Wage_insurance
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Wage insurance
A program to pay displaced workers, when they become re-employed and for a limited period of time, a specified fraction of the difference between their old wage and their lower new wage. As of 2002, the US provides wage insurance to a limited number of workers as part of Alternative Trade Adjustment... Found op http://www-personal.umich.edu/~alandear/glossary/w.html
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