(7) The remuneration for labor is called
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A wage is the distribution from an employer of a security (expected return or profits derived solely from others) paid to an employee. ... Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms (or all monetary forms) of employee compensation.
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Remuneration refers to the total amount an employee recived for performing a service or for being employed by a company or organisation.
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