What does wage labour mean?
Definitions for wage labour
wage labour
This dictionary definitions page includes all the possible meanings, example usage and translations of the word wage labour.
Wikidata
Wage labour
Wage labour is the socioeconomic relationship between a worker and an employer, where the worker sells their labour under a formal or informal employment contract. These transactions usually occur in a labour market where wages are market determined. In exchange for the wages paid, the work product generally becomes the undifferentiated property of the employer, except for special cases such as the vesting of intellectual property patents in the United States where patent rights are usually vested in the original personal inventor. A wage labourer is a person whose primary means of income is from the selling of his or her labour in this way. In modern mixed economies such as those of the OECD countries, it is currently the most common form of work arrangement. Although most labour is organised as per this structure, the wage work arrangements of CEOs, professional employees, and professional contract workers are sometimes conflated with class assignments, so that "wage labour" is considered to apply only to unskilled, semi-skilled or manual labour.
Numerology
Chaldean Numerology
The numerical value of wage labour in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of wage labour in Pythagorean Numerology is: 6
Translations for wage labour
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"wage labour." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/wage+labour>.
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