WebWage An amount of money paid each hour to compensate an employee for the amount of time he/she spends working. Wages are paid for both skilled and unskilled labor. For example, one may pay an employee $8 per hour for working at a fast food restaurant or $45 per hour for highly trained work at a car factory. What distinguishes wages from salaries … WebApr 11, 2024 · Wages definition: payment in return for work or services, esp that made to workmen on a daily , hourly ,... Meaning, pronunciation, translations and examples
What is wage? Definition and some relevant examples
WebNov 19, 2024 · late 13c., salarie, "compensation, payment," whether periodical, for regular service or for a specific service; from Anglo-French salarie, Old French salaire "wages, pay, reward," from Latin salarium "an allowance, a stipend, a pension," said to be originally "salt-money, soldier's allowance for the purchase of salt" [Lewis & Short] noun use of … WebBeing paid on a “salary basis” means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis. The predetermined amount cannot be reduced because of variations in the quality or quantity of the employee’s work. productive living board st louis
26 U.S. Code § 3401 - Definitions - LII / Legal Information Institute
Webnoun. ˈwāj. Synonyms of wage. 1. a. : a payment usually of money for labor or services usually according to contract and on an hourly, daily, or piecework basisoften used in … WebFeb 7, 2024 · Wage is termed as a compensation that is given on the basis of the amount of work done and the hours spent in doing that. Wages are … WebUnder the EPA, the term “wages” generally includes all payments made to [or on behalf of] an employee as remuneration for employment. The term includes all forms of compensation … productively employed