20. What is meant by labour
with pay
the
areas with u
Answers
Answer:
see on google dont waste time
Answer:
A wage is the distribution from an employer of a security (expected return or profits derived solely from others) paid to an employee. Like interest is paid out to an investor on his investments, a wage is paid as earnings to the employee on his invested assets (time, money, labor, resources, and thought). Some examples of wage distributions include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts.
Wages are part of the expenses that are involved in running a business, and add value to the employee in honor of his principal or net investment.
Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms (or all monetary forms) of employee compensation.