Wage


 
 
Wage

A wage is the amount of money paid for some specified quantity of labour. When expressed with respect to time (usually per hour), it is typically called the wage rate, and is specified in pre-tax amounts. It is often the main monetary item upon which the worker and the employer focus when negotiating an employment contract.

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Early forms of wages included salt (from which the word salary is derived). In modern English, the word salary tends to be used when referring to employment in which the employee is not paid by the hour.

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Depending on the structure and traditions of different economies around the world, wage rates are either primarily market-driven (the USA) or influenced by other factors such as tradition, social structure and seniority, as in Japan.

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Several countries have enacted a statutory minimum wage rate in an attempt to prevent the (some say supposed) exploitation of low-paid workers.

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Money: Money is any marketable good or token used by a society as a store of value, a medium of exchange, and a unit of account. Since the needs arise naturally, societies organically create a money object when none exists. In other cases, a central authority creates a money object; this is more frequently...

Quantity: :For the use in linguistics, see length (phonetics)....

Labour: Labour (Commonwealth English) or labor (American English) may refer to one of the following....


Wage related Images and Photos (experimental)

Uglydoll Wage Pop! Vinyl Figure
Uglydoll Wage Pop! Vinyl Figure
Uglydoll Wage Funko Blox Vinyl Figure
Uglydoll Wage Funko Blox Vinyl Figure
Black Women Laborers Weighing Wire Coils and Recording Weights to Establish Wage Rates  in Factory
Black Women Laborers Weighing Wire Coils and Recording Weights to Establish Wage Rates in Factory

~ Table of Content ~

Introduction
Etymology
Wages in the United States
See also
External links
 


 

~ Related Subjects ~

Salt (1) - Employment contract (1) - Salary (1) - American English (1) - Commonwealth English (1) - Employer (1) - Quantity (1) - Money (1) - Labour (1) - Hour (1) - Time (1) -
 

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