wage rates

Hourly pay levels

Wage rates are the amounts paid to workers per unit of time or output—hourly wages, daily rates, piece rates.

The term appears in economics and labor discussions: Minimum wage rates vary by state, The union negotiated higher wage rates.

Wage rate emphasizes the standardized measure rather than total earnings.

Opposites
compensation form

wage ratessalary

Fixed periodic employment payment

annual salary · benefits · fringe benefits · commission · profit sharing

compensation level

wage ratespoverty wages

Pay too low to survive on

starvation wages · unpaid labor · slave wages · wage theft · minimum wage

compensation vs. non-monetary value

wage ratesbenefits

Gains or helpful effects

fringe benefits · health insurance · pension contributions · perks · room and board

Family

rate, wage, wages, rates

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