A set rate of pay per hour
adjusted to account for inflation
A wage is a compensation, usually financial, received by a worker in exchange for their labor.
wage (the amount of money per time unit paid to someone who does a job)
If that person is working a typical 40 hour week and also takes about 3 weeks off for vacation, holidays, and sick days, then s/he is making close to $75 per hour. Rough estimate would be from $60-80...
$28,397 a year