The total amount of wages received by a country corrected by inflation. Is basically the average monthly wage multiplied by the number of people in the labor force.
£40,000 a week. In total the club's wage bill yearly is £36.7m.
Loads
Southampton Football Club is one of the clubs currently playing in the English Premier League. The wage bill of Southampton FC is 64 million pounds.
The hourly wage was not enough to cover the bill.
charge, price, cost, bill, payment, wage, salary, toll
The Mean Hourly Wage is the result of an Annual Wage Total divided by the number 2,080. The number 2,080 signifies the number of working hours total in a 1-year period for a full-time, 40-hour per work week employee.
usually 10% or the total purse in a given tourny
The minimum wage has no set time in months or years in which it goes up. For the federal minimum wage to go up, Congress generates a bill that the President has to sign into law in order for the minimum wage increase to become effective.
Total = wage x time T = w x t w= wage in dollars per hour t = time in hours multiply togeter to get total dollars
There is no formula to determine minimum wage. Minimum wage is based on a few things such as inflation, unemployment rate, and cost of living. The main person who determines minimum wage is mainly determined by the sponsor of the wage bill.
The reservation wage is the slope of the indifference curve tangent to the endowment point.MRS = w = MUL/MUCIt can also be found by (non-labor income)/(total hours)