Wages Definition and Explanation PDF Download
Learn Wages definition in hrm with explanation to study “What are Wages”. Study wages explanation with HRM terms to review HRM course for online MBA programs.
Payments directly calculated on the amount of time worked.
Human Resource Management by Robert L. Mathis, John H. Jackson
A pay or wages is money related pay (or compensation, faculty costs, work) paid by a business to a representative in return for work done. Installment might be determined as a fixed sum for each undertaking finished (an assignment pay or piece rate), or at an hourly or every day rate (wage work), or dependent on an effectively estimated amount of work done. Wages are a piece of the costs that are engaged with maintaining a business.
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