time wage rate

  • 31Maximum wage — A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn.[1] This is a related economic concept that is complementary to the minimum wage used currently by some states to enforce minimum… …

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  • 32Union wage premium — A union wage premium refers to the degree in which union wages exceed non union member wages. Union wage premiums are one of the most researched and analyzed issues in economics especially in labor economics… …

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  • 33Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) …

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  • 34Measuring economic worth over time — The measurement of economic worth over time is the problem of equating past prices, costs, values and proportions of social production to current prices, costs, values and proportions of social production. For a number of reasons the ability to… …

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  • 35History of the minimum wage — The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not let their workers fall. Contents 1 Nineteenth century 2 Twentieth century 3 See… …

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  • 36Tendency of the rate of profit to fall — The tendency of the rate of profit to fall (TRPF) is a hypothesis in economics and political economy, most famously expounded by Karl Marx in chapter 13 of Das Kapital Vol. 3. It was generally accepted in the 19th century. Economists as diverse… …

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  • 37Minimum wage history — The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not let their workers fall.In 1824 in Victoria, Australia, an amendment to the… …

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  • 38Extra time (workplace) — For wage earners, extra time can refer to the hours worked within a pay period up to the point where overtime starts. For example, overtime may be paid at time and a half and may only be due for hours worked in excess of 44 per week. If a regular …

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  • 39differential piece-rate system — noun : a method of wage payment whereby after tests have set a standard time for a task the worker receives a high piece rate for doing the job in task time and a lower piece rate if he takes longer than task time …

    Useful english dictionary

  • 40guaranteed wage plan — ▪ business       system by which an employer ensures a minimum annual amount of employment or wages (or both) to employees who have been with the employer for a required minimum period of time. The United States has had more experience than other …

    Universalium