Difference between revisions of "Prevailing wage"
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According to [[Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition)]], | According to [[Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition)]], | ||
:[[Prevailing wage]]. The hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. Prevailing wages are established, by the Department of Labor & Industries, for each trade and occupation employed in the performance of public work. | :[[Prevailing wage]]. The hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. Prevailing wages are established, by the Department of Labor & Industries, for each trade and occupation employed in the performance of public work. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[Prevailing wage]]. Usual wage paid to workers in an area. The hourly wage, usual benefits, and overtime that most workers receive in a certain location. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Labor Relations]]. | *[[Introduction to Labor Relations]]. | ||
| − | [[Category: Labor Relations]][[Category: Articles]] | + | [[Category: Labor Relations]][[Category: Articles]][[Category: Management]] |
Latest revision as of 11:32, 21 July 2020
Prevailing wage is the hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. Prevailing wages are established by the United States Department of Labor, state departments, and/or industries for each trade and occupation employed in the performance of public work.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Prevailing wage. The hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. Prevailing wages are established, by the Department of Labor & Industries, for each trade and occupation employed in the performance of public work.
According to the HRBoK Guide,
- Prevailing wage. Usual wage paid to workers in an area. The hourly wage, usual benefits, and overtime that most workers receive in a certain location.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.
