One Louder : Leaving Las Vegas and getting ripped off along the way
Wages
In labor and finance settings a wage may be defined more narrowly to include only cash paid for some specified quantity (measured in units of time) of labor. Wages may be contrasted with salaries, with wages being paid at a wage rate (based on units of time worked) while salaries are paid periodically without reference to a specified number of hours worked. Once a job description has been established, wages are often a focus when negotiating an employment contract between employer and employee.
Economists define wages more broadly than just cash compensation and include any return to labor, such as goods workers might create for themselves, returns in kind (such as sharecroppers receive), or even the enjoyment that some derive from work. For economists, even in a world without others, an individual would still acquire wages from labor: food hunted or gathered would be considered wages and any returns resulting from an investment in tools (such as an axe or a hoe) would be deemed Profits (a return to real capita).
Related Information
| Bronx Apartment Workers Striking Over Wages > |
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A strike by union workers at hundreds of apartment buildings in the Bronx is making life a little harder for tenants. The workers hit the picket lines Thursday morning in a battle with building owners over wages.> |
| Banana Republic faces probe into 15p hourly wages as it opens in London > |
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The opening today of an American fashion giant’s first UK store looked as if it would be overshadowed by a demonstration about wages paid to Indian workers.> |
| Wages row overshadows Banana Republic launch > |
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Allegations that Banana Republic, part of the Gap chain, relies on cheap Indian labour cast a shadow over the opening of the company’s first British shop. > |
| ‘Ghost workers’ in MoD wages scam > |
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A crooked Scottish company boss and three of his trusted employees, including his stepdaughter, were facing jail yesterday after being found guilty of defrauding the Ministry of Defence of almost £500,000.> |
| Wages up 4.7 per cent > |
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WAGES grew by 4.7 per cent over the year to January, the most in over three years, despite talk of an economic slowdown, a survey has found.> |
Related Blogs
A really good blogger came up with a great post today. You should really check this site out, here’s what they said:
To find more information from the source here
(via http://blogs.msdn.com/heatherleigh/archive/2005/05/11/416669.aspx)