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Definition of Wages
Wages
The share of the annual product or national dividend which goes as a reward to labor, as distinct from the remuneration received by capital in its various forms. This economic or technical sense of the word wages is broader than the current sense, and includes not only amounts actually paid to laborers, but the remuneration obtained by those who sell the products of their own work, and the wages of superintendence or management, which are earned by skill in directing the work of others.

A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2.

Related Definitions:
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Wages Quotations
It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.
Henry Ford

There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
Henry Ford

The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.
Karl Marx

Men who do things without being told draw the most wages.
Rodney Dangerfield

Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.
H. L. Mencken

Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
Thomas Sowell

The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of goods is because of Yankee imperialism. The fascists in Latin America learn to speak and act like natives.
Henry A. Wallace

Only in our dreams are we free. The rest of the time we need wages.
Terry Pratchett

We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium.
Friedrich August von Hayek

The more I see of democracy the more I dislike it. It just brings everything down to the mere vulgar level of wages and prices, electric light and water closets, and nothing else.
David Herbert Lawrence



Wages Translations
wages in Afrikaans is salaris
wages in Dutch is gage, loon, bezoldiging, salaris
wages in Finnish is palkka
wages in French is salaire
wages in Italian is stipendio
wages in Spanish is salario


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