Term:
Wages and salaries in cash
Definition:
Consist of wages or salaries payable at regular weekly, monthly or other intervals, including payments by results and piecework payments; plus allowances such as those for working overtime; plus amounts paid to employees away from work for short periods (e.g. on holiday); plus ad hoc bonuses and similar payments; plus commissions, gratuities and tips received by employees.
Domain:
Labour
Source:
OECD