wage

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Related to Wage rate: Minimum Wage Rate, Minimum wages

wage

Economics the portion of the national income accruing to labour as earned income, as contrasted with the unearned income accruing to capital in the form of rent, interest, and dividends
References in periodicals archive ?
The distribution is one-tailed asymmetric with a narrow margin approaching very high wage rates while most of the population has a comparatively low wage rate.
Among nonelderly male workers, however, the median wage rate ($16 an hour in 1979) still declined, albeit by a lesser amount (5.4 percent, instead of 10.4 percent).
Their imputed wage rate can therefore be set at zero.
Under the agriculture category, the daily wage rate for plantation and non-plantation workers in Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac and Zambales, is PHP370 and PHP354, respectively.
WAGE RATE DATA: AGING GRACELESSLY Age Ranges Total Number of Unique Classifications/Wage Rates Union Nonunion Total 36 to 40 Years Old 0 749 749 31 to 35 Years Old 0 757 757 26 to 30 Years Old 0 1,905 1,905 21 to 25 Years Old 32 942 974 SUBTOTAL 32 (0.05%) 4,353 (6%) 4,385 (3%) 16 to 20 Years Old 32 669 701 11 to 15 Years Old 330 2,168 2,498 6 to 10 Years Old 1,510 30,438 31,948 5 Years and Under 62,946 32,260 95,206 In their report for the Wage and Hour Division, Department of Labor Office of Inspector General auditors chart the dated nature of nonunion worker wage data in the WHD Wage Determinations Generation System.
And still if we can do whatever we can do to raise it (daily wage rate) and going by the benefits of it, I think the amount is okay to spend,' he said.
Crabb rules that that practice, as well as Craftmaster'suse of the lowest wage rates when calculating overtime hours, violated the Fair Labor Standards Act and Wisconsin law.
The pay gap was least pronounced in the ARMM at P2.54 In terms of commodities cultivated, palay farm laborers registered the highest nominal wage rate at P303.98 per day while corn farm workers received the least wage rate at P246.05 per day.
"For clarification, the new minimum wage rates in Metro Manila is effective beginning November 22, 2018 and not November 27, 2018," NWPC said on their Facebook page.
"The UK currently has five different age-related minimum hourly wage rates and, if adopted, the Taylor Review suggestions would bring this up to nine," the spokesman added.
The last wage order issued by the RTWPB XI was in December 2016, which imposed minimum wage rate of P340 to non-agriculture and retail and service with over 10 workers, P335 to agriculture sector and P325 to retail and service with less than 10 workers.
The government is mulling over a proposal to increase the minimum wage rate to help those among the low- and middle-income earners to cope with the rising cost of living in line with the current socio-economic development of the country.