Wage
From The Art and Popular Culture Encyclopedia
"I owe my soul to the company store."--"Sixteen Tons" (1946) by Merle Travis |
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A wage is remuneration paid by an employer to an employee. It may be 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 and with commission which is based on performance.
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Political science:
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