average wage
Standard worker compensation
Average wage is the mean earnings of workers in a given population, calculated by dividing total wages paid by the number of workers.
It serves as a broad economic indicator but can be skewed by extremely high earners: The average wage rose, but most workers saw no increase.
Median wage often provides a more representative picture of typical earnings.
- salaryFixed periodic employment payment
- annual salaryCompensation per year
- paycheckCompensation for labor
- paycheck to paycheckNo savings between wages
- hourlyOnce each sixty minutes
income · earnings · median · worker · poverty line · fair pay · middle class · payroll · compensation · labor · union dues · overtime · breadwinner · take-home · take-home pay · gross · net pay · raise
- wagessalary, pay, paycheck, income, earnings
- wage datapay rates, pay scales, pay grades, income levels, payroll data
- compensationpay, salary, income, bonus, payment
- pay inequalitypay gap, gender pay gap, pay disparity, income gap, salary gap
average wageexecutive compensation
Senior management earnings package
subsistence wage · starvation wage · minimum wage · wealth · destitution
average wageexecutive compensation
Senior management earnings package
stock options · golden parachute · capital gains · investment income · passive income
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