ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Service jobs usually start with the
A
Minimum wage
B
Salary
C
part time rate
D
over time rate
Explanation: 

Detailed explanation-1: -Specific minimum wage jobs in these areas include the following: wait staff, dishwashers, table setters, sales clerks, housekeepers, childcare providers, and many others. General labor represents another common area where minimum wage is paid by employers.

Detailed explanation-2: -There are three kinds of wages minimum wage, fair wage & living wage. At the bottom of the ladder there is the minimum basic wage which the employer of any industrial labour must pay in order to be allowed to continue in industry.

Detailed explanation-3: -Under the Code on Wages Act, 2019, workers from all industries are entitled to receive minimum wages fixed by their respective state governments.

Detailed explanation-4: -Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.

Detailed explanation-5: -Phlebotomist. Restaurant Server. Retail Sales Associate. School Bus Driver. Shipping Clerk. Average base pay: $17.72 per hour. Translator. Average base pay: $21.71 per hour. Tutor. Average base pay: $9.78 per hour. Veterinary Receptionist. Average base pay: $13.44 an hour. More items •29-Jun-2021

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