Minimum Wage
Living Wage
Prevailing Wage
Tipped Wage
Fair Wage
TYPES OF ECONOCMIC WAGES
1. Needs of workers and their families
2.Capacity to pay
3. Requirements of economic and social development
Factors Influencing wage Level
the amount of money that a particular type of worker or group of people usually earns
what is?
WAGE LEVEL
Want to create interactive content? It’s easy in Genially!
Get started free
Wage Level
Santiago Rojas Sarmiento
Created on May 19, 2022
Over 30 million people create interactive content in Genially
Check out what others have designed:
Transcript
Minimum Wage Living Wage Prevailing Wage Tipped Wage Fair Wage
TYPES OF ECONOCMIC WAGES
1. Needs of workers and their families 2.Capacity to pay 3. Requirements of economic and social development
Factors Influencing wage Level
the amount of money that a particular type of worker or group of people usually earns