Wage Rate

A Wage Rate is the rate of base amount paid to a worker per unit of time or per unit of output that is the perspective of a price of labour services.

Related Definitions in the Project: The Construction; Cost Estimate (Estimation)

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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.