wages

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A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done. Payment may be calculated as a fixed amount for each task completed (a task wage or piece rate), or at an hourly or daily rate (wage labour), or based on an easily measured quantity of work done.
Wages are part of the expenses that are involved in running a business.
Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms (or all monetary forms) of employee compensation.

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  4. M

    Return to full wages

    Hi, since 1st July we had a 10% cut of our salaries (company-wide). The management conditioned the return to full wages to hitting a certain revenue target for three months in a row. Interesting enough, the said target was not consistently achieved pre-Covid and the calculation does not take...
  5. T

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  6. R

    QLD Wage garnish debt recovery

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    VIC Employer is not paying two weeks wages.

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  9. C

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  10. A

    VIC Breach of Company Directors Duties?

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