Might mean (unverified): Increase in salary or wages.
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We found one dictionary that defines the word payraise:

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  1. payraise: Wiktionary

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Definitions from Wiktionary (Payraise)

▸ noun:  (US) Alternative form of pay raise

Similar:
payrise, pay rise, pay check, pay cheque, paycheque, pay run, paycheck, pay cut, pay slip, payscale, more...

Opposite:
pay cut, salary reduction, wage decrease

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Similar:
payrise, pay rise, pay check, pay cheque, paycheque, pay run, paycheck, pay cut, pay slip, payscale, more...

Opposite:
pay cut, salary reduction, wage decrease



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