Dictionary

Payment for labor or services to a worker, especially remuneration on an hourly, daily, or weekly basis or by the piece.

Source: “wage.” The American HeritageĀ® Dictionary of the English Language, Fourth Edition. Houghton Mifflin Company, 2004. Answers.com 10 Mar. 2010. http://www.answers.com/topic/wage

Labor Code

Wage paid to any employee shall mean the remuneration or earnings, however designated, capable of being expressed in terms of money, whether fixed or ascertained on a time, task, piece, or commission basis, or other method of calculating the same, which is payable by an employer to an employee under a written or unwritten contract of employment for work done or to be done or for services rendered or to be rendered and includes the fair and reasonable value, as determined by the Secretary of Labor and Employment, of board, lodging or other facilities customarily furnished by the employer to the employee. “Fair and reasonable value” shall not include any profit to the employer or to any person affiliated with the employer.

Caveat: Subsequent court and administrative rulings, or changes to, or repeal of, laws, rules and regulations may have rendered the whole or part of this article inaccurate or obsolete.