What is the meaning of the word "wages"?
Wages are a fundamental aspect of employment contracts and labor market dynamics.
Definitions:
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A key component of employee compensation and typically the primary source of income for workers. NOUN
- Farm workers often receive daily wages for their labor.
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A recompense for worthy acts or retribution for wrongdoing. NOUN
- The wages of sin is death; virtue is its own reward.
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A specific amount of money given to an employee for the completion of their work. NOUN
- Our wages are paid into our bank account on a specific date each month.
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One's total income for a time period. NOUN
- The union successfully negotiated higher wages for its members.
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Refers to the regular payment, usually calculated on an hourly, or weekly basis, that an employer pays an employee in exchange for their labor or services. NOUN
- She received her wages every Friday for the hours she worked during the week.