Wage Posted on 27th December 201525th March 2021 by ThePD (The Project Definition) Wage is the monetary compensation (or remuneration, personnel expenses, labour) paid by an employer to an employee in exchange for work done. Related Definitions in the Project: The Project Cost Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Related Posted in Controls, General and tagged cost, labour, payment. ThePD (The Project Definition) ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.