The word "wages" is spelled with a silent "e" at the end, which affects the pronunciation. The IPA (International Phonetic Alphabet) transcription of "wages" is /ˈweɪdʒɪz/. The "a" in the first syllable is pronounced as the "eh" sound, while the "g" is soft because it is followed by an "e". The second syllable has a long "a" sound, represented by /eɪ/, and the final "s" is pronounced as a "z" because it comes before a vowel sound.
Wages are the financial compensation or payment that an employer provides to an employee in exchange for the services or work they perform. It refers to the regular and recurring earnings that employees receive on a scheduled basis, typically determined by an agreed-upon rate or amount. Wages can be expressed as hourly, daily, weekly, or monthly pay, depending on the employment terms and industry standards.
Wages serve as a crucial component of an employment agreement as they represent an employee's reward for their efforts and contribute to their overall livelihood. They provide workers with the means to support themselves and their families, meet essential needs, and indulge in discretionary expenses. Employers calculate wages by multiplying an employee's agreed-upon rate with the number of work hours completed during a specific period. Wages may also include additional bonuses, overtime pay, incentives, or commissions, which are intended to incentivize employees and reward exceptional performance.
Wages are typically subject to various deductions, including taxes, insurance premiums, and retirement contributions, as required by applicable laws and regulations. Furthermore, minimum wage laws may exist in certain jurisdictions to establish a baseline standard for wages, ensuring that employees receive a fair and reasonable compensation for their work.
Overall, wages are the monetary compensation that employers provide to their employees in exchange for their labor, representing an integral aspect of the employee-employer relationship and a key component in determining one's financial security and quality of life.
That which is paid at stated periods for labour or services-usually restricted to weekly, fortnightly, or monthly sums paid to labourers and mechanics; payment; recompense; reward. Note.-Pay is applied to the sums paid to naval and military men, and fees or salary to profesional men, clerks, &c.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "wages" comes from the Old English term "wæge", which translates to "a payment for work". This word can be traced back to the Proto-Germanic root "wega", meaning "weight", as wages were originally measured and paid out in a certain weight of goods or valuables. Over time, the meaning of the word evolved to refer specifically to the compensation received for labor.