Related Words

Wage Assignment: Fifth letter of a Nasdaq stock symbol indicating that this particular stock is a warrant.

Wage And Salary Survey: A benchmark report consisting of market pay data for a variety of jobs conducted either on a local or nationwide basis. Used to evaluate an organization’s own current pay structures and as a . . . View Full Definition

Wage And Salary Administration: Procedures used for planning and administering organization-wide compensation programs for all levels of employees.

Wage: Payment for work, usually as calculated in periods of an hour rather than longer. (See Salary.)

Variable Assignment: Variable assignment is the assignment of a value to a variable. For instance: int val:, val = 5:, // assign to val the value 5 before a value is assigned, the variable is null, which means i . . . View Full Definition

Wage Curve: Depicts pay rates currently being paid for each job within a pay grade in relation with the rankings awarded to each job during the job evaluation process.

Wage Differential: Differences in wage rates for similar jobs occurring either due to the location of company, hours of work, working conditions, type of product manufactured or other circumstances.

Wage-Push Inflation: A loan agreement provision allowing the lender to deduct payments from an employee's wages in case of default.

Wages: Payments made to the employees of a business for their work on behalf of the business. These are classed as expense items and must not be confused with 'drawings' taken by sole-proprietors a . . . View Full Definition

Wage Structure: Depicts the range of pay rates to be paid for each grade for various positions within the organization.