Wage

Wage

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.

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Famous quotes containing the word wage:

    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.)

    By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.
    Friedrich Engels (1820–1895)

    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)