Wages fund


  • Webster's Revised Unabridged Dictionary
    • Wages fund (Polit. Econ) the aggregate capital existing at any time in any country, which theoretically is unconditionally destined to be paid out in wages. It was formerly held, by Mill and other political economists, that the average rate of wages in any country at any time depended upon the relation of the wages fund to the number of laborers. This theory has been greatly modified by the discovery of other conditions affecting wages, which it does not take into account.
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In literature:

Where's your wages fund?
"An Unsocial Socialist" by George Bernard Shaw
Some maintain that it is the amount of the wage fund existing at the time that the labor is done.
"American Eloquence, Volume IV. (of 4) Studies In American Political History (1897)" by Various
The wages were paid by the corporation out of the borough funds.
"Andrew Marvell" by Augustine Birrell
If funds are not forthcoming for the wages of this vessel, I must beg leave to resign.
"The Life of Thomas, Lord Cochrane, Tenth Earl of Dundonald, Vol. II" by Thomas Lord Cochrane
This fund is greatly opposed by the miners, from whose wages from 1 to 2 per cent.
"Scientific American Supplement, No. 647, May 26, 1888" by Various
A critical point in the modern development of the study was marked by Mill's abandonment of the so-called "wage fund theory".
"Social Rights and Duties, Volume I (of 2)" by Sir Leslie Stephen
Meanwhile, they are paid regular wages from our insurance fund.
"Solaris Farm" by Milan C. Edson
Each farm must establish a wage fund calculated as a percentage of its total income.
"Area Handbook for Bulgaria" by Eugene K. Keefe, Violeta D. Baluyut, William Giloane, Anne K. Long, James M. Moore, and Neda A. Walpole
The funds for the maintenance of labour increase, and wages are raised.
"On The Principles of Political Economy, and Taxation" by David Ricardo
But while individuals contributed checks for princely amounts, the bulk of the Fund was provided by the small wage earners.
"The Story of the Great War, Volume VIII (of VIII)" by various

In news:

They (and scores of others) are all retired public sector employees who have gone back to work for the state and are collecting state wages while also collecting taxpayer-funded state pensions.
Ravens left tackle Bryant McKinnie will have 50 percent of his eligible wages garnished this season, according to a settlement he reached with Pro Player Funding.
Although the trial court found that by depositing her student loan check into an account with personal funds those funds lost their exempt status under federal law regarding wage garnishments , section 1095a, the Court of Appeals disagreed.
The school administrator, short of funds, can offer only the most minimal of wages.
The wage increase will cost the city an estimated $81,000 this fiscal year, with $55,000 coming from the general fund.
The National Employment Law Project Action Fund, a left-leaning group, is touting the news that Mitt Romney supports indexing the federal minimum wage to CPI.
Senate approves school districts wage freeze , use of saved funds to avoid layoffs.
There was no greater evidence on election night that politics remains a soft science than the green light Colorado voters gave to most of the school funding campaigns waged along the Front Range.
NYSUT President Dick Iannuzzi calls on delegates to continue fighting for workers rights, equitable funding for education, ending the achievement gap, a living wage for all and healthy and safe work environments.
The wage increase was added to the most recent Iraq war funding bill.
Restaurants funding campaign against minimum wage increase HELENA (AP)Restaurants are providing most of the funding for the campaign against a ballot initiative that would raise Montana's minimum.

In science:

How soon? Beginning approximately in 2010, which is 1945 (the end of World War II) plus 65 years (the nominal age of retirement), wage earners that had been paying income taxes and capitalizing equity markets will retire and begin to withdraw funds.
Observations of Extrasolar Planets Enabled by a Return to the Moon