0_Apprentice
I am so mad at my boss right now. I'm practically a wage slave...I've been working at least 10 years in my industry, and someone less experienced than me got a promotion.
1_Wizard
Wage slavery is used to criticize labor explotation
0_Apprentice
Yeah, and I'm definitely being exploited at my current job. I work 60-hour weeks, and I haven't had a decent raise in 4 years. 
1_Wizard
It generally means that there is an unequal balance of power between the labor and the business owners.  Sounds like that applies in your situation
0_Apprentice
Yup, pretty much sounds on point. They need to do something to stop stuff like this from happening.