Earning means to obtain or get money in return for the labour, services, or investments that is the profits or amount of income. (Refer to the Profit)
Reference Definition by ILO: Earning (wages and salaries) is the concept of earnings as applied in wages statistics, relates to remuneration in cash and in kind paid employees for time worked or work done together with remuneration for time not worked, such as annual vacation and other paid leave or holidays. Earnings exclude employers’ contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay.
Related Definitions in the Project: The Project Cost
