Question

As a business owner you decide to hire a new employee named Maria. You decided to pay Maria $15.00 an hour for her work. At the end of the week Maria receives a paycheck for $600. The $600 Maria received is ________.

Answer 1

Answer:

A measurement of her work value to the company

Explanation:

For every hour Maria works, she earns $15. The company values her output at a rate of $15 per hour. The more hours she puts in, the higher her pay will be.

Maria is compensated under the time wage system. Under this systems, the output and quality of an employee's work do not count for much. The time spent in the workplace is what is considered most in remuneration.

The businessman must have established a system of capturing the hours' Maria worked. The hours worked multiplied by the valuation of $ 15 per hour resulted in $600 pay for the week.