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Minimum Wage
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1. federal 6. salary
of or relating to the national government. The money paid for employee services
2. Hourly 7. straight Pays a certain amount per sale and
Wage commission includes a base and a rate but not a
salary
8. unemployment
An amount of money paid each hour to the number of people without jobs
compensate an employee for the amount of time
he/she spends working. 9. wage
3. minimum
the smallest possible amount
4. piece An amount of money paid to an
work employee at a specific rate per hour
worked.
10. What are some - Higher skilled get paid more
examples of wage -Different regions
differentials? -Trade unions
11. What are wage The differences in wages between
differentials? different groups of workers in the same
a worker paid a fixed rate for each unit produced occupation
5. propose 12. What determines Market Forces
wages in the
labour market?
13. What does it The amount of money that people are
mean by nominal paid not accounting for inflation
to suggest an idea, plan, etc. for people to think wages?
about