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Are we going to set the wage rate at something less than A?
But what would happen if the real wage rate were wrong?
Some business is going to other countries, where wage rates are lower than in China.
However, they have the authority to set their own individual wage rates.
They are paid at the generally lower wage rates of the home country.
Higher wage rates are of no benefit when you don't have a job.
The major problems have been high taxes and union wage rates, he said.
You would think that you'd be seeing similar wage rates right across the board.
Hours lost are valued by the average real wage rate.
A firm's cost is a function of the wage rate.
The wage rates are similar to those in Britain, perhaps a little lower.
Thus workers and managers will want to agree the wage rate for the coming year.
At year's end both the bill and the wage rate remained under discussion.
This will all be paid at relatively high wage rates.
There are different minimum wage rates for those working a 38 or 36 hour week.
"We need to come up with a competitive wage rate and structure here!"
Employees will then move to the general minimum wage rate of $8 per hour.
The wage rate for work would grow as production over this level increased.
"It could take you up to the national minimum wage rate," she said.
Mention could be made of the rise in average wage rates over the same period.
Usually the correct level will be at the higher range of the wage rates already being paid.
As a result, the average wage rate and amount of spending has increased significantly.
The minimum wage rate is there to protect the well being of the working class.
After 11 years in the same job it’s like starting all over again at today’s minimum wage rate.