Definition of Wages fund. Meaning of Wages fund. Synonyms of Wages fund

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Definition of Wages fund

Wages fund
Wages Wa"ges, n. plural in termination, but singular in signification. [Plural of wage; cf. F. gages, pl., wages, hire. See Wage, n.] A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2. The wages of sin is death. --Rom. vi. 23. Wages fund (Polit. Econ.), the aggregate capital existing at any time in any country, which theoretically is unconditionally destined to be paid out in wages. It was formerly held, by Mill and other political economists, that the average rate of wages in any country at any time depended upon the relation of the wages fund to the number of laborers. This theory has been greatly modified by the discovery of other conditions affecting wages, which it does not take into account. --Encyc. Brit. Syn: See under Wage, n.

Meaning of Wages fund from wikipedia

- The wage–fund doctrine is a concept from early economic theory that s****s to show that the amount of money a worker earns in wages, paid to them from...
- first major scholarly contribution was on his The Wages Question which set out to debunk the wage-fund doctrine as well as address the then-radical notion...
- The iron law of wages is a proposed law of economics that ****erts that real wages always tend, in the long run, toward the minimum wage necessary to sustain...
- yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that are involved in running a business. It is...
- laws. In August 2022, 30 states and the District of Columbia had minimum wages higher than the federal minimum. In January 2020, almost 90% of Americans...
- minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws...
- Wages Earners’ Welfare Fund is a Bangladesh government fund that was created for the welfare of migrant workers and financed by mandatory contributions...
- The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour...
- Wayback Machine. Annual wages were calculated by multiplying monthly wages by 12, w****ly wages by 52, daily wages by 5x52 and hourly wages by Wx52, where W is...
- political economy in Queen's College, Belfast, noted for challenging the Wages-Fund doctrine and for addressing contemporary agrarian policy questions. A...