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standard wage rate

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  • wage 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… …   Universalium

  • Wage slavery — is a term first coined by the Lowell Mill Girls in 1836, [ [http://books.google.com/books?id=YXT kSv1btIC pg=PA87 lpg=PA87 dq=lowell+%22wage+slavery%22 source=web ots=WsT3bkI 0G sig=w7N0JGBskFiUHReS 00amVMNaPY hl=en Artisans Into Workers: Labor… …   Wikipedia

  • Wage 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 …   Wikipedia

  • Standard of living in the People's Republic of China — Before 1949 the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. Though it has been argued that in the Ming Qing Period the standards of living reached and stayed at a… …   Wikipedia

  • wage — {{Roman}}I.{{/Roman}} (also wages) noun ADJECTIVE ▪ competitive (esp. AmE), decent, fair, good, high ▪ inadequate, low, meagre/meager (esp …   Collocations dictionary

  • rate — rate1 /rayt/, n., v., rated, rating. n. 1. the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. 2. a certain quantity or amount of one thing considered in relation to a unit of another… …   Universalium

  • Standard of living in India — Although standard of living in India is modest and is constantly improving, India suffers from substantial poverty with 27.5% of the population living below the poverty line in 2004 ndash;2005. [ [http://www.planningcommission.gov.in/news/prmar07 …   Wikipedia

  • standard — {{Roman}}I.{{/Roman}} noun 1 level of quality ADJECTIVE ▪ high ▪ low, poor ▪ certain, minimum ▪ Players have to be of a certain standard to compete in the tournament …   Collocations dictionary

  • rate — 1. noun 1) a fixed rate of interest Syn: percentage, ratio, proportion; scale, standard, level 2) an hourly rate of $30 Syn: charge, price, cost, tariff, fare, levy …   Thesaurus of popular words

  • Standard of living in Japan — In the postwar decades, Japanese consumers have benefited from the nation s economic growth, while in turn they have stimulated the economy through demand for sophisticated products, loyalty to domestically produced goods, and saving and pooling… …   Wikipedia

  • Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

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