Traditional Culture Encyclopedia - Traditional customs - The traditional form of salary is

The traditional form of salary is

The traditional form of wages is hourly wages.

Time wage is a common form of wage payment, which calculates wages based on workers' wage standards and actual working hours.

The formula for calculating hourly wages is to multiply the wage rate by the actual hours worked to arrive at the amount of monetary wages.

This form of wage payment is widely applicable to various types of labor because time is the natural measure of labor.