Posts Tagged ‘minimum wages’

Award Wages

Compensation received in the form of currency for services offered or work performed by an employee or worker is as we all know called wages, Wages is a fixed amount of money an employee receives based on the pattern he gets paid (hourly, Daily, Weekly, Bi weekly, Monthly).

Every nature of business has their own set of wages based on guidelines laid by the federal agencies to give equal opportunities for employees. Similarly there are various other kinds of wages meant for the benefit of both the employee and the employer.

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