Definition of Wage rate:
Rate of pay based on per unit of production or per period of worktime on the job.
How to use Wage rate in a sentence?
- You should always try to offer a competitive wage rate so that you can be getting the most qualified applicants.
- The wage rate was deemed to be adequate compensation given the difficulty and skill level required of performing the job.
- Our company has recently shifted to a fluctuating wage rate based upon productivity but in no event shall the amount paid be lesser than minimum wage.
Meaning of Wage rate & Wage rate Definition