A wage is a compensation

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A wage is a compensation

Post by sunil on Sat Apr 17 2010, 19:14

A wage is a compensation, usually financial, received by workers in exchange for their labor.

Compensation in terms of wages is given to workers and compensation in terms of salary is given to employees. Compensation is a monetary benefit given to employees in return for the services provided by them.




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Re: A wage is a compensation

Post by bentley1988 on Thu May 06 2010, 18:26

ha isnt this just common sense?

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wages/salaries

Post by jannapurna on Tue Aug 03 2010, 11:15

Wages are generally given to labors. They are not fixed. But salaries are fixed expenditure.



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Re: A wage is a compensation

Post by TPrice on Tue Aug 24 2010, 10:12

Yeah, I think thats pretty much common knowledge.

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Re: A wage is a compensation

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