Akademik

wage
wage wage [weɪdʒ] noun [countable]
also wages HUMAN RESOURCES money that someone earns according to the number of hours, days, or weeks that they work, especially money that is paid each week:

• The average hourly wage in the industry is $8.

• Workers were demanding a 10% wage increase.

• The new law would mean a 5% pay cut for most wage earners.

• For the average worker, wages rose 4.6%.

• She worked long hours for low wages.

ˌbasic ˈwage also ˌbase ˈwage
[singular] HUMAN RESOURCES the amount of money that workers are paid for each normal hour, week etc that they work, not including any extra payments:
basic wage of

• a base wage of $11 an hour

• The company proposed a 2% basic wage increase.

ˌliving ˈwage [singular]
a wage high enough to allow someone to live a fairly comfortable life:

• Trade Unions are still fighting for a living wage in many industries.

ˌminimum ˈwage [singular] LAW
the lowest amount of money that can legally be paid per hour to a worker:

• He claimed that Labour's plans to introduce a national minimum wage would lead to job losses.

• a statutory minimum wage

ˈmoney ˌwages [plural] ECONOMICS
the amount of money that someone receives as their wages, rather than payments in the form of goods, a place to live etc:

• Both money wages and prices are rising, leaving real wages unchanged.

ˈreal ˌwages [plural] ECONOMICS
the amount of goods and services that can be bought with someone's wages, after taking into account inflation (= rising prices):

• Since 1975, real wages for US manual workers have fallen.

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wage UK US /weɪdʒ/ noun [S] (also wages [plural]) HR, WORKPLACE
► an amount of money that is paid, usually every week, to an employee for their work: a daily/hourly/weekly wage »

This deal represents an hourly wage rate of $9.83.

 a high/low wage »

We pay the highest wages of any theatrical employer in the world.

 earn/get a wage »

Some college education is required to earn a decent wage in the United States.

 a wage cut/increase/rise »

The employees accepted a 4% wage rise.

 »

If you are a good employer, you will pay a fair wage.

 »

His 15 stores employ 200 workers at an average wage of $7.40 an hour.

 fair/good/low wages »

They provided fair wages and steady jobs.

→ Compare SALARY(Cf. ↑salary)
→ See also BASIC WAGE(Cf. ↑basic wage), GUARANTEED WAGE(Cf. ↑guaranteed wage), LIVING WAGE(Cf. ↑living wage), MINIMUM WAGE(Cf. ↑minimum wage), MONEY WAGES(Cf. ↑money wages), REAL WAGES(Cf. ↑real wages)
→ See Note INCOME(Cf. ↑income)

Financial and business terms. 2012.