Examlex
Design patents last for 20 years.
Indirect Pay
Employee compensation that includes non-monetary benefits such as health insurance, retirement plans, and paid time off, rather than direct cash payments.
Hour Worked
A measurement of labor contributing to the production of goods and services, calculated as the amount of time an employee spends on work activities.
Wage
The fixed regular payment, typically paid on a daily or weekly basis, earned by an employee.
Salary
Regular compensation paid to an employee, usually expressed as an annual sum and paid in monthly or biweekly installments.
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