wage
121wage and salary — ▪ economics Introduction income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …
122Wage (2), die — 2. Die Wage, plur. die n, ein altes Wort, in welchem der Begriff der Bewegung der herrschende ist, der doch sehr frühe auf besondere Arten und Fälle eingeschränket worden. Es bedeutet, 1. * im weitesten Verstande, Bewegung überhaupt, eine längst… …
123wage slave — noun : one whose toil for wages is tantamount to slavery * * * wage slavery. a person who works for a wage, esp. with total and immediate dependency on the income derived from such labor. [1885 90] * * * wage slave noun A person dependent on a… …
124Wage curve — The wage curve is the term used to describe the negative relationship between the levels of unemployment and wages that arises when these variables are expressed in local terms. According to David Blanchflower and Andrew Oswald (1994, p. 5), the… …
125Wage-fund doctrine — The Wage Fund Doctrine is an expression that comes from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined …
126Wage share — The wage share is the ratio between compensation of employees (according to the system of National accounts) and one of the following variables:#gross domestic product at market prices #gross domestic product at factor cost. #net domestic product …
127wage theory — ▪ economics portion of economic theory that attempts to explain the determination of the payment of labour. A brief treatment of wage theory follows. For full treatment, see wage and salary. The subsistence theory of wages,… …
128wage earner — noun someone who earn wages in return for their labor • Syn: ↑earner • Derivationally related forms: ↑earn (for: ↑earner) • Hypernyms: ↑jobholder …
