Glossary
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Wage
Monetary compensation paid by an employer to an employee in exchange for work performed. This may be calculated based on an agreed hourly rate, portion of sales earned (commission) or the number of items completed (piece-rate).
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Monetary compensation paid by an employer to an employee in exchange for work performed. This may be calculated based on an agreed hourly rate, portion of sales earned (commission) or the number of items completed (piece-rate).