A wage is remuneration paid by an employer to an employee. It may be a calculated as a fixed task based amount, or at an hourly rate, or based on an easily measured quantity of work done. It is contrasted with salaried work, which is based on a fixed time period.
Read more about Wage: Determinants of Wage Rates, Wages in The United States
Famous quotes containing the word wage:
“Nations like the Cuban and the Swiss
Can never hope to wage a Global Mission.
No Holy Wars for them. The most the small
Can ever give us is a nuisance brawl.”
—Robert Frost (1874–1963)
“My home policy: I wage war; my foreign policy: I wage war. All the time I wage war.”
—Georges Clemenceau (1841–1929)
“Roman, remember that you shall rule the nations by your authority, for this is to be your skill, to make peace the custom, to spare the conquered, and to wage war until the haughty are brought low.”
—Virgil [Publius Vergilius Maro] (70–19 B.C.)