Wages

Business / Accounting / 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 and partnerships (see Drawings ).

Other Words for Wages

Wages Verb Synonyms: pay, compensation, emolument, remuneration, payment, fee, salary, stipend, recompense, reward, earnings, honorarium
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Payroll Records

Business / Human Resources (HR) / Payroll Records: Documentation created and maintained by the employer, which contains information regarding hours worked, salaries, wages, commissions, bonuses, vacation/sick pay, contributions to qualified health and MORE

Fringe Benefit

Business / Human Resources (HR) / Fringe Benefit: Employment benefits granted to employees in addition to their current base salary or wages (i.e., cash, merchandise, services, health insurance, pension plans, holidays, paid vacations, etc.). MORE

Cost Of Labor

Business / Human Resources (HR) / Cost Of Labor: The total payments in the form of gross salary and wages, bonuses, and other cash allowances paid to employees and salaries, allowances, fees, bonuses and commissions paid to working directors and fee MORE

Labor Certification

Business / Human Resources (HR) / Labor Certification: Labor certification is a statement from the U.S. Department of Labor (DOL) that a particular position at a particular company is 'open' because no U.S. workers who satisfy the minimum requirements for MORE

Employment Cost Index

Business / Human Resources (HR) / Employment Cost Index: Conducted annually as part of the Department of Labor’s National Compensation Survey program, the Employment Cost Index measures the relative changes in wages, benefits and bonuses for a specific gr MORE

Cost Of Living Adjustment (COLA)

Business / Human Resources (HR) / Cost Of Living Adjustment (COLA): An annual adjustment in wages to offset a change in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because the purpose MORE

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