wage
51Wage labour — is the socioeconomic relationship between a worker and an employer in which the worker sells their labour under a contract (employment), and the employer buys it, often in a labour market. [Deakin, Simon; Wilkinson, Frank.… …
52Wage insurance — is a form of proposed insurance that would provide workers with compensation if they are forced to move to a job with a lower salary. The idea is usually proposed as a response to outsourcing and the effects of globalization, although it could… …
53Wage regulation — refers to attempts by a government to regulate wages paid to citizens.Minimum wageMinimum wage regulation attempts to set an hourly, or other periodic monetary standard for pay at work. A recent example was the U.K. National Minimum Wage Act 1998 …
54wage packet — noun 1. A small envelope in which a worker s wages are issued 2. (loosely) one s wages • • • Main Entry: ↑wage * * * wage packet, British. a pay envelope: »As yet it had not affected him where it hurts most in his wage packet (Manchester… …
55Wage-Labor and Capital — is an essay on economics by Karl Marx, written in 1847. This book has been widely acclaimed as the precursor to Marx’s masterpiece Das Kapital. The ideas that are expressed in the book have a very thorough economic contemplation about them as he… …
56wage level — ➔ level1 * * * wage level UK US noun [C] ECONOMICS ► the amount of money that a particular type of worker or group of people usually earns: »The market dictates what wage levels for various occupations should be. »The state of New Mexico is… …
57wage differential — noun The difference in the wages paid to different classes of workers (eg skilled and unskilled) in an industry, or to workers doing similar jobs in different industries or areas • • • Main Entry: ↑wage * * * wage differential UK US noun… …
58wage slavery — noun • • • Main Entry: ↑wage * * * wage slave, a worker whose labor and dependence on wages is regarded as a form of slavery: »These…people tried to persuade them that they were downtrodden wage slaves being exploited by cynical capitalists… …
59wage-stop — wage stop, British. the principle or policy of not allowing an unemployed person to receive more money from public funds than he would earn while working: »The wage stop is the device used to stop families receiving more in social security… …
60wage stop — wage stop, British. the principle or policy of not allowing an unemployed person to receive more money from public funds than he would earn while working: »The wage stop is the device used to stop families receiving more in social security… …
