time wage rate
1wage rate — noun : the amount of base wage paid to a worker per unit of time (as per hour or day) or per unit of output if on piecework * * * wage rate, the rate of pay assigned to a worker for a certain job or time spent in working; wage scale: »A number of …
2basic wage rate — The wage rate paid to an operator for a specified time period worked; it excludes any payments for incentive bonus, shift premium, overtime, working conditions, and other premium payments that, when added to the basic wage rate, make up the final …
3Wage labour — is the socioeconomic relationship between a worker and an employer in which the worker sells their labour under a contract (employment), and the employer buys it, often in a labour market. [Deakin, Simon; Wilkinson, Frank.… …
4wage and salary — ▪ economics Introduction income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …
5Wage — For other uses, see WAGE (disambiguation). A wage is a compensation, usually financial, received by workers in exchange for their labor. Compensation in terms of wages is given to workers and compensation in terms of salary is given to employees …
6Wage-fund doctrine — The Wage Fund Doctrine is an expression that comes from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined …
7time and a half — noun a rate of pay that is 1.5 times the regular rate; for overtime work • Hypernyms: ↑pay rate, ↑rate of pay * * * noun : payment of a worker (as for overtime or holiday work) at one and a half times his regular wage rate * * * a rate of pay for …
8wage theory — ▪ economics portion of economic theory that attempts to explain the determination of the payment of labour. A brief treatment of wage theory follows. For full treatment, see wage and salary. The subsistence theory of wages,… …
9time and a half — noun Date: 1888 payment for work (as overtime or holiday work) at one and a half times the worker s regular wage rate …
10Wage slavery — is a term first coined by the Lowell Mill Girls in 1836, [ [http://books.google.com/books?id=YXT kSv1btIC pg=PA87 lpg=PA87 dq=lowell+%22wage+slavery%22 source=web ots=WsT3bkI 0G sig=w7N0JGBskFiUHReS 00amVMNaPY hl=en Artisans Into Workers: Labor… …
