Wage – Meaning, Definition, Synonyms and Antonyms
Wage is a common English noun that refers to the money an employer pays for work. In other words, a wage is compensation tied to hours, days, or other pay periods.
Meaning:
A wage is a monetary payment made by an employer to an employee in exchange for work performed or services rendered.
Definition:
It represents compensation for labor, typically calculated on an hourly, daily, or weekly basis. Wages are often contrasted with a salary, which is usually a fixed annual amount paid regardless of the number of hours worked. In everyday use, the word wage can also appear in broader phrases such as living wage (pay high enough to cover basic living costs) and minimum wage (the lowest legal amount employers can pay in a given place).
The level of wages can vary significantly depending on factors such as the employee’s skills, experience, job responsibilities, industry, union agreements, and geographical location. For related vocabulary, you can also review the difference between wage vs. income in real-world budgeting and reporting.
Example Sentences:
- His hourly Wage increased after he received a promotion.
- The workers went on strike to demand a higher Wage.
- She earns a good Wage as a software engineer.
- The minimum Wage varies from state to state.
- Many families struggle to make ends meet on a low Wage.
- The company promised to pay workers on time and at the agreed Wage rate.
- After training, he started earning a higher Wage than before.
Wage Synonyms:
- Salary
- Pay
- Earnings
- Income
- Compensation
- Remuneration
- Hourly pay
- Wage rate
- Take-home pay
- Stipend
Wage Antonyms:
- Debt
- Loss
- Expense
- Penalty
- Forfeit
- Fines
- Liability
- Shortage
- Unpaid work
- Uncompensated cost
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