Wage Calculation

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August 31, 2024 4 min read Definitions
Burden Rate: Understanding the Full Cost of Employment
Economics Finance Accounting Employment Costs Benefits Taxes Wage Calculation Business Expenses
An in-depth look at the burden rate, which encompasses the total cost of employment beyond direct wages, including benefits and taxes.
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August 25, 2024 3 min read Definitions
Base Pay Rate: Employee's Hourly Wage
Economics Finance Base Pay Rate Hourly Wage Employee Compensation Overtime Wage Calculation
The regular rate of pay upon which overtime and other wage supplements are computed.
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