pay rates
Hourly wage amounts
Pay rates are the amounts of compensation given for work, typically expressed per hour, day, or year.
The term emphasizes comparison—between jobs, industries, or workers: Pay rates for nurses vary widely by state.
Discussions of pay rates often involve equity, minimum wage laws, or market forces: The company raised its pay rates to attract talent.
- hourly wagePay calculated per hour
- shift differentialExtra pay for undesirable hours
- minimum wage lawsLegislated lowest permissible pay
- compensationPayment for services rendered
- industry standardsAgreed-upon sector norms
piece rate · inflation · performance metrics · merit increase · annual review · employment contracts · profit-sharing · time and a half · paycheck · labor market trends · entry level · experience · payroll · wage scale · raise · hourly · earnings · bonus
- compensationsalary, income, wage, bonus, payment
- wageswage, salary, paycheck, income, earnings
- labor lawlabor code, labor law, labor laws, labor standards, labour law
- payrollpaycheck, base salary, payroll, paycheck stub, paystub
- labor unionsunion dues, trade union, union membership, labor union, union shops
- wage datawage levels, average wage, median wage, hourly wages, wage gap
pay ratesbenefits
Gains or helpful effects
bonuses · fringe benefits · perks · health insurance · stock options
pay ratesunpaid labor
Work done without payment
volunteer work · slave wages · exploitation · unpaid internship · indentured labor