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Spike

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09:52 Feb 25, 2006
English to English translations [PRO]
Bus/Financial - Economics
English term or phrase: Spike
Coverage of the minimum wage
The percentage of employees with earnings at the minimum wage level- known as “spike”- is markedly different between countries. Statutory minimum wages could affect all employees, only private sector employees, or cover only specific occupations. In some countries, employers who are covered by sectoral minimum wages established by the government in accordance with the recommendations of wage councils are excluded from coverage by the statutory minimum.

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What is the meaning of "spike" in this context?
Thank you in advance!
Waleed Mohamed
United Arab Emirates
Local time: 09:53
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Summary of answers provided
4 +1misleading representation
R-i-c-h-a-r-d
3pronounced peak/maximum
Nik-On/Off
3transitory
Robert Roata


Discussion entries: 1





  

Answers


18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
spike
transitory


Explanation:
a suggestion

Robert Roata
Local time: 08:53
Native speaker of: Native in RomanianRomanian
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
spike
pronounced peak/maximum


Explanation:
a sharp, pronounced peak/maximum in the curve/graph describing the distribution of earnings at the minimum wage level

Nik-On/Off
Ukraine
Local time: 08:53
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
misleading representation


Explanation:
OK, there isn't a direct translation or specific word that can replace the word 'spike' so I'll explain in a bit more detail.
The 'spike' in question is an anomaly because it's not the usual representation of average wages. For example: - after the minimum wage of £3.60 was introduced into the United Kingdom it created a 'spike' on the graph that represents average salaries because there were suddenly thousands of people receiving this new and specific wage. This is not a normal representation but a spike in the graph, it's therefore a misleading representation.

I hope that helps a little bit,
Richard.

R-i-c-h-a-r-d
Brazil
Local time: 02:53
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  Dave Calderhead
43 mins
  -> Thanks Dave, appreciated positive response
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Changes made by editors
Feb 27, 2006 - Changes made by Florence B:
Term asked\"spike\" » Spike


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