worker - Revision history

beta m: template

2005-12-03T12:35:13Z

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beta m at 12:19, 12 August 2005

2005-08-12T12:19:16Z

beta m at 11:32, 10 August 2005

2005-08-10T11:32:25Z

millosh at 06:33, 13 December 2004

2004-12-13T06:33:54Z

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In [[classical economics|classical]] [[economics]] and all [[micro-economics]] '''labour''' is one of three [[factors of production]], the others being [[Land (economics)|land]] and [[Capital (economics)|capital]]. It is a measure of the work done by human beings. There are macro-economic system theories which have created a concept called [[human capital]] (referring to the skills that workers possess, not necessarily their actual work), although there are also counterposing macro-economic system theories that think human capital is a contradiction in terms.

{{labor}}
=== Compensation and Measurement ===
The price of labour is called a [[wage]], and the price of labour per period of time is referred to as the '''wage rate'''. The two terms are sometimes used interchangeably.

Other frequently used terms include:
* wage = payment per unit of time (typically an hour)
* earnings = payment per over a period (typically a week, a month, or a year)
* total compensation = earnings + benefits
* income = total compensation + [[unearned income]]
* economic rent = total compensation - [[opportunity cost]]

Economists measure labour in terms of hours worked, total wages, or [[x-efficiency|efficiency]].

==Types of labour==
*[[brain worker]]
*[[free-work]]
*[[manual labour]]
*[[slavery]]
*[[volunteer]]

==See also==
*[[Economic rent]]
*[[Employment]]
*[[Human resources]]
** [[Human Resource Management Systems]]
*[[Labour economics]]
*[[Offshore outsourcing]]
*[[Profession]]

[[Category:core issues in ethics]]
[[Category:labor]]
[[Category:organizational studies and human resource management]]
[[Category:economics]]

==Credits==
*Article is adapted from [[wikipedia:worker]] under the terms of [[GNU FDL]].

@@ Line 31: / Line 31: @@
 *[[profession]]
-==Credits==
+{{wikipedia|Worker}}
-*Article is adapted from [[wikipedia:worker]] under the terms of [[GNU FDL]].
 [[Category:Ethics]]

@@ Line 30: / Line 30: @@
 *[[offshore outsourcing]]
 *[[profession]]
 [[Category:Ethics]]
 [[Category:Labor]]
 [[Category:Economics]]
+[[Category:Social groups]]
-==Credits==
-*Article is adapted from [[wikipedia:worker]] under the terms of [[GNU FDL]].

@@ Line 23: / Line 23: @@
 ==See also==
-*[[Economic rent]]
+*[[economic rent]]
-*[[Employment]]
+*[[employment]]
-*[[Human resources]]
+*[[human resources]]
 ** [[Human Resource Management Systems]]
-*[[Labour economics]]
+*[[labour economics]]
-*[[Offshore outsourcing]]
+*[[offshore outsourcing]]
-*[[Profession]]
+*[[profession]]
-[[Category:core issues in ethics]]
+[[Category:Ethics]]
-[[Category:labor]]
+[[Category:Labor]]
-[[Category:organizational studies and human resource management]]
+[[Category:Economics]]
-[[Category:economics]]
 ==Credits==
 *Article is adapted from [[wikipedia:worker]] under the terms of [[GNU FDL]].