Wage and salary workers:-
Workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes
employees in both the private and public sectors.
Wages and salaries:-
Hourly straight-time wage rate or, for workers not paid on an hourly basis, straight-time earnings (see below)
divided by the corresponding hours. Straight-time wage and salary rates are total earnings before payroll
deductions, excluding premium pay for overtime and for work on weekends and holidays, shift differentials, and
nonproduction bonuses such as lump-sum payments provided in lieu of wage increases.
Remuneration (pay, wages) of a worker or group of workers for services performed during a specific period of time.
The term usually carries a defining word or phrase, such as straight-time average hourly earnings. Because a statistical
concept is usually involved in the term and its variations, the producers and users of earnings data should define them
clearly. In the absence of such definitions, the following may serve as rough guidelines:
- Hourly, daily, weekly, annual: period of time to which earnings figures, as stated or computed, relate. The context
in which annual earnings (sometimes weekly earnings) are used may indicate whether the reference includes earnings
from one employer only or from all employment plus other sources of income.
- Average: usually refers to the arithmetic mean; that is, total earnings (as defined) of a group of workers (as identified)
divided by the number of workers in the group.
- Gross: usually refers to total earnings, before any deductions (such as tax withholding) including, where applicable,
overtime payments, shift differentials, production bonuses, cost-of-living allowances, commissions, etc.
- Straight-time: usually refers to gross earnings excluding overtime payments and (with variations at this point) shift
differentials and other monetary payments.