Wage and Hour Laws Law and Legal Definition. Wage and hour laws are those laws that govern payment of minimum wages and maximum working hours of the work force in the U.S. Lower-wage industries reported that average hourly earnings in those sectors jumped 4.6% from a year ago, considerably above the 2.5% pay gain for higher-wage industries, according to an analysis of the jobs report by Martha Gimbel, research director at the jobs site Indeed. hourly wage definition in English dictionary, hourly wage meaning, synonyms, see also 'hour',holy',hurl',hurley'. For example, assume you work part time 20 hours a week and earn $10 per hour: Hours x Wage = Gross weekly pay. Definition of hourly_1 adjective in Oxford Advanced Learner's Dictionary. In ⦠Enrich your vocabulary with the English Definition dictionary Related Indicators: Employment Cost Index (ECI), Employment - Payroll Jobs, Unemployment Rate The average hourly wage of salaried Jewish workers (both women and men) is higher than the average hourly wage of salaried Arab workers in Israel. This salary converter does it all very quickly and easily, saving you time and effort. Definitions of hourly wage, synonyms, antonyms, derivatives of hourly wage, analogical dictionary of hourly wage (English) Define hourly wage. For this question, âemployeesâ means those employees who: 1) were not employed by the borrower during any point in 2019; or 2) received, for all pay periods during 2019, wages or salary at an annualized rate of pay of $100,000 or less). Letâs say you have an employee who earns $10 per hour. 20 x 10 = 200. Importance: **** Definition: Average hourly earnings (AHE) is an important indicator of labor cost inflation and of the tightness of labor markets - something the Federal Reserve pays close attention to when setting interest rates. They're usually considered non-exempt employees and must be paid overtime wages starting after 40 hours of ⦠Sometimes, employees have a shift schedule that changes every week, so their hours might vary week to week. If there are weaknesses or gaps in your companyâs wage and hour procedures, now is a great time to fix them. An hourly employeeâs hours per week may vary based on his or her weekly schedule. Traduzioni in contesto per "wage" in inglese-italiano da Reverso Context: minimum wage, wage war, wage costs, wage increases, wage growth Enrich your vocabulary with the English Definition dictionary Definition of hourly written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. Cerca lavori di Hourly wage definition o assumi sulla piattaforma di lavoro freelance più grande al mondo con oltre 18 mln di lavori. hourly wage n noun: Refers to person, place, thing, quality, etc. Registrati e fai offerte sui lavori gratuitamente. consistent hourly wage series from the raw survey responses. A wage is the distribution from an employer of a security (expected return or profits derived solely from others) paid to an employee. Wage earner definition: a person who works for wages , esp as distinguished from one paid a salary | Meaning, pronunciation, translations and examples The average hourly wage of salaried Jewish workers (both women and men) is higher than the average hourly wage of salaried Arab workers in Israel. A worker's basic wage will depend on the hourly WAGE RATE and the number of hours worked. PART 1: ASPECTS OF GENDER SALARY GAPS For example, the mean hourly wage in management occupations was $38.88 in the agricultural sector, lower than the U.S average of $52.20. (money earned per hour) paga oraria, retribuzione oraria nf sostantivo femminile: Identifica un essere, un oggetto o un concetto che assume genere femminile: scrittrice, aquila, lampada, moneta, felicità Wage definition: Someone's wages are the amount of money that is regularly paid to them for the work that... | Meaning, pronunciation, translations and examples An hourly worker or hourly employee is an employee paid an hourly wage for their services, as opposed to a fixed salary.Hourly workers may often be found in service and manufacturing occupations, but are common across a variety of fields. Salary to hourly wage calculator lets you see how much you earn over different periods. (adjective) Hourly chimes. Wages are always paid based on a certain amount of time. means an employeeâs hourly wage in respect of ordinary hours worked, as set out in clause 3 sub clause (1)(b), and in the case of a ship security officer and a cargo security officer it means the wage referred to in clause 3 sub clause (1)(d); This is usually an hourly basis. hourly wage n noun: Refers to person, place, thing, quality, etc. For example, someone getting hourly pay who usually works 40 hours per week could lose 25% of their normal wage if their boss decides to schedule them for 30 hours during weeks that arenât busy. Minimum Wage: A minimum wage is the lowest wage per hour that a worker may be paid, as mandated by federal law. If you restored salary/hourly wage levels, you may be eligible for elimination of the Salary/Hourly Wage Reduction amount. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. These employees must be paid, at the least, minimum wage. wage meaning: 1. a particular amount of money that is paid, usually every week, to an employee, especially oneâ¦.   How to Calculate an Average Hourly Wage By Carolyn Barton At many places of business, an employee is paid a set weekly or monthly salary, rather than an hourly rate. The salary is not based on hours worked, which means that overtime is not counted or paid at the usual rate. As an hourly employee, calculating gross wages is a simple multiplication. Hourly employees are paid a wage for each hour of work they complete. They must be paid at least the minimum wage per hour based on state or federal guidelinesâwhichever is higher. This is where the term hourly worker comes from. You want to calculate their gross wages for one workweek. What does hourly mean? Hourly employees can also be affected by missing their scheduled hours. hourly definition: 1. done or happening every hour: 2. the amount that is charged or earned every hour 3. once everyâ¦. With that in mind, letâs review Department of Labor salary vs hourly wage definitions as well as strategies for ensuring youâre paying employees correctly. Understanding the Difference Between Salary vs Wage Definitions. Definition: A wage is compensation paid to employees for work for a company during a period of time. Learn more. The hourly wage estimates in this example indicate that: 10% of employees earn less than $11.00 per hour; therefore the remaining 90% earn more than $11.00 per hour. For hourly employees, you can calculate gross wages by multiplying the hourly wage by the number of hours worked in the period. Occurring every hour. The Federal Labor Standards Act is an example of a law that governs the wage and working hours of workman in the U.S. Like interest is paid out to an investor on his investments, a wage is paid as earnings to the employee on his invested assets (time, money, labor, resources, and thought). PART 1: ASPECTS OF GENDER SALARY GAPS For example, the mean hourly wage in management occupations was $38.88 in the agricultural sector, lower than the U.S average of $52.20. wage the money payment made to a worker, usually on a weekly basis, for the use of his or her labour. DEFINITION: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for). It is a flexible tool that allows you to convert your annual remuneration to an hourly paycheck, recalculate monthly wage to hourly rate, weekly rate to a yearly wage, etc. Learn more. 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