Basic Wage: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Basic Wage

  • the minimum rate of pay set by an industrial court or tribunal for a particular occupation

Additional Resources

Fence Post.(News)(Letter to the editor)
Raising minimum wage is just one step For the last 10 years, the states and cities, not Washington, D.C., have led the fight to raise the minimum wage. Because they've taken initiative, now 29 states have a higher state wage than the...
Tags: U.S. Congress
Research articles 2007-01-16
Wage Conversion Calculator
This tool will help you to quickly convert a wage stated in one periodic term (hourly, weekly, etc.) into its equivalent stated in all other common periodic terms. This can be helpful when comparing your present wage to a wage being offered by a prospective employer where each wage is...
Tags: Salary, Crown Financial Ministries, Benefits, Payroll Solutions, Human Resources
Tools & templates 2008-01-01
Endogenous Wage Rigidity
This paper uses a random survey of Swedish human resource managers to study the reasons for wage rigidity. The findings are as follows. First, during the exceptional recession of the 1990s only 1.1 percent of workers received a wage cut. Second, much wage rigidity can be traced to behavioral mechanisms...
Tags: Wage Rigidity
White papers 2003-08-21
Remarks on Senate action on minimum wage legislation and an exchange with reporters
The President. Good afternoon. This was a very good day for America's working families. Today's vote by the Senate means that 10 million hard-working Americans will get a little bit of help to raise their children and keep their family strong. A 90-cent increase in the minimum wage will honor...
Tags: president, U.S. Senate
Research articles 1996-07-15
Increase-Your-Wage Calculator
If you work one hour and spend that hour's entire wage on a non-necessary, non-appreciating purchase, you have effectively limited the value of one hour's wage to its face value. On the other hand, if you were to invest all or part of the one hour's wage into an interest...
Tags: Salary, Web Winder Website Services, Benefits, Payroll Solutions, Human Resources
Tools & templates 2008-01-01
Wages aren't keeping up with prices
HAVE YOU NOTICED that everything is going up but our wages? We are expected to pay up the nose for gas, food, clothes, etc., while our wages stay stagnant. In Europe, the minimum wage is at least $15. Our government feels that raising the minimum wage is...
Tags: Benefits, lobbyist, U.S. Congress
Research articles 2007-05-11
Associations urge Senate to retain wage provisions - in House of Representatives minimum wage bill
WASHINGTON -- Encouraged by the House of Representatives' passage of a minimum-wage freeze for tipped workers and a subminimum starting wage for young people, the National Restaurant Association and state restaurant groups are urging senators to back similar, industry-friendly provisions or, better yet, scuttle a proposed minimum-wage hike outright.
Tags: minimum wage, U.S. Senate
Research articles 1996-06-24
Wage-hour concerns
Wage-Hour Concerns With much attention being given to a recent increase in the federal minimum wage, its "ripple effect" and impact on the cost of doing business, now is an opportune time to alert accountants and independent businesses to some of the pitfalls that can be the basis for...
Tags: FINANCE, U.S. Department of Labor
Research articles 1990-10-01
Letter to Congressional Leaders on Minimum Wage Legislation
November 4, 1999 Dear ___: I am writing this letter to encourage you to pass a straightforward minimum wage bill that gives working Americans the pay raise they deserve. If we value work and family, we should raise the value of the minimum wage. In 1996, the...
Tags: U.S. Congress
Research articles 1999-11-08
Democrats' inflexibility may have insured doom for wage hike
Democrats' inflexibility may have insured doom for wage hike For the past eight years congressional Democrats have been clamoring for an increase in the national minimum-wage rate. Their efforts have been repeatedly frustrated by opposition from either the White House or critics of a rising wage floor on...
Tags: administration, Benefits, Democrat, president, salary, training, U.S. Congress, White House
Research articles 1989-05-01
Senate OKs minimum-wage boost to $7.25
WASHINGTON -- The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with small business tax cuts and limits on corporate pay that could complicate its path to become law. The increase in the...
Tags: Democrat, FINANCE, Republican, Taxes, U.S. Senate
Research articles 2007-02-02
Senate approves minimum wage boost to $7.25
WASHINGTON -- The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with controversial tax cuts for small businesses and higher taxes for many $1 million-plus executives. The increase in the minimum, the...
Tags: Democrat, FINANCE, Taxes, U.S. Senate
Research articles 2007-02-02
The freedom index: a congressional scorecard based on the U.S. Constitution
Our first look at the 110th Congress shows how every representative and senator voted on key issues, such as the minimum wage, immigration, stem-cell research, and the Iraq War. House Vote Descriptions 1 Minimum Wage. The minimum-wage increase bill (H.R. 2) would increase the federal minimum wage by...
Tags: Danny, Dodd, G., immigration, Johnson, Lewis, M., Miller, Reynolds, Rogers, senator, stem-cell, U.S. Congress, U.S. Senate
Research articles 2007-07-23
Gators persuade contractors to offer employees higher minimum-wage rate
Gainsville, Fla. -- The University of Florida here reportedly has persuaded its foodservice contractor, Philadelphia-based Aramark Corp., as well as other vendors at the school to pay their full-time workers $8.84 an hour, a wage proportionate with the college's own minimum pay. The university instituted its own minimum wage...
Tags: Aramark Corp., University of Florida, worker
Research articles 2006-11-20
The Federal Reserves.(Brief Article)
The Federal Reserves latest Beige Book report from the 12 Fed districts suggests that U.S. economic activity continued to expand at a moderate pace in early fall. Labor markets remained tight and wage increases were widespread with some firms citing labor costs as a rising problem....
Tags: Federal Reserve Board
Research articles 2000-11-02
Union cry: Minimum wage should be raised
Rally outside Statehouse favors living wage ordinances. By ROGER MYERS The Capital-Journal Union representatives called for a higher state minimum wage and defeat of proposals that would block enactment of living wage ordinances by cities during a rally Thursday outside the Statehouse. ...
Tags: salary, U.S. Senate
Research articles 2000-02-25
Whipping the minimum wage.
Officials of the Mariana Islands have paid over $2 million to finance Congressional junkets in a move to counter a proposal to subject the islands to federal minimum wage laws. Current minimum wage in the islands, which are a trust territory whose residents have US citizenship, is about $3 per...
Tags: U.S., U.S. Congress
Research articles 1998-03-01
Congress considers raising federal minimum wage
Speaker of the House Nancy Pelosi and fellow Democrats proposed raising the federal minimum wage from $5.15 to $7.25 per hour as one of its first priorities in 2007. The Senate instead proposed adding new tax breaks for small businesses in order to attract votes for the wage hike from...
Tags: U.S. Congress
Research articles 2007-03-01
Hatch aims for filibuster in wage fight
Hatch aims for filibuster in wage fight By Deane Evans WASHINGTON -- "Get me five Democrats, and I can beat the Senate minimum-wage bill in filibuster," Utah Republican Orrin Hatch declared at a recent food industry conference. He warned that barring a drastic turnaround, Congress is poised to...
Tags: Benefits, Democrat, salary, U.S. Senate
Research articles 1988-05-02
High Impact For Low-Wage Workers
From the executive summary: ‘No one believes that employers are solely responsible for solving the enormous and complex problems facing the working poor. Human resources executives constantly struggle to find qualified workers so that their companies can successfully compete. But, as research is beginning to show, offering low-wage workers a...
Tags: Worker, Crain Communications Inc.
White papers 2004-08-01
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