Wage – Meaning, Definition, Synonyms and Antonyms
Wage is used as a “Noun” in the English grammar.
Meaning:
A wage is a monetary payment made by an employer to an employee in exchange for work performed or services rendered.
Definition:
It represents compensation for labor, typically calculated on an hourly, daily, or weekly basis, distinguishing it from a salary, which is usually a fixed annual amount. Wages are a fundamental component of the employment relationship, providing workers with the financial means to support themselves and their families. The level of wages can vary significantly depending on factors such as the employee’s skills, experience, job responsibilities, industry, and geographical location.
Example Sentences:
- His hourly Wage increased after he received a promotion.
- The workers went on strike to demand a higher Wage.
- She earns a good Wage as a software engineer.
- The minimum Wage varies from state to state.
- Many families struggle to make ends meet on a low Wage.
Wage Synonyms:
- Salary
- Pay
- Earnings
- Compensation
- Income
Wage Antonyms:
- Debt
- Loss
- Expense
- Penalty
- Forfeit
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