Define: Wages

UK Accounting Glossary

Definition: Wages


Quick Summary of Wages


Payments made to employees for their services. Wages are classified as business expenses.



What is the dictionary definition of Wages?

Dictionary Definition


A wage is the remuneration paid to hourly-paid employees for work performed, and is typically based on the number of hours spent at the place of work.


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Full Definition of Wages


An amount of money paid to a worker for a specified quantity of work, usually calculated on an hourly basis and expressed in an amount of money per hour.

This monetary remuneration may also be computed on an hourly, daily, weekly, or piece work basis. A fixed weekly or monthly wage is usually called a salary.


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Examples of Wages in a sentence


Given your considerable skill set and the significant value you’ve brought to the company, Human Resources has now decided that your demand for higher wages is perfectly reasonable and are willing to accept your request.
Apparently, it turns out that my employer deducted twenty pounds from my wages this week, because I was late last week. I’m not sure if that’s legal or not.
In the UK, Tax and national insurance are deducted from your wages automatically.
The law requires companies to pay liveable wages to their employees.
He spent his free time busking in the local park in order to supplement his meagre wages.
The corporate giants were accused to trying to drive down wages in order to make maximise profits.
Her wages were only four hundred pounds a week.
His wages has considerably increased over the past year.
Their wages were barely enough to pay the rent on their London property.


Synonyms For Wages


salary, remuneration, reward, compensation, wage


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/wages/
Modern Language Association (MLA):
Wages. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 26, 2020 https://payrollheaven.com/define/wages/.
Chicago Manual of Style (CMS):
Wages. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/wages/ (accessed: February 26, 2020).
American Psychological Association (APA):
Wages. PayrollHeaven.com. Retrieved February 26, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/wages/

Definition Sources


Definitions for Wages are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th December 2018.