Wage

Wage - A wage is a payment or income earned by an individual in exchange for their labor or services, typically provided on an hourly, daily, weekly, or monthly basis. It represents the compensation received for work performed and is often subject to taxes and deductions.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RiYwKEna4NZ311TVYJ2yCj
Label (rdfs): Wage
Preferred Label: None
Alternative Labels: N/A
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Definition and Examples

Definition: A wage is a payment or income earned by an individual in exchange for their labor or services, typically provided on an hourly, daily, weekly, or monthly basis. It represents the compensation received for work performed and is often subject to taxes and deductions.
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Translations

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Class Relationships

Sub Class Of: Compensation Metrics

Earned Income
Parent Class Of: Minimum Wage

Overtime Pay

Prevailing Wage

Back Pay
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Additional Information

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Deprecated: False

Metadata

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