Precisely. The consumer's wage is determined by taking a percentage of a "prevailing wage," a number determined by the average hourly rate based upon job type/locale.
It's all pretty confusing to me how they arrive at the percentage, but luckily for me I don't have to calculate it :). I just...
My apologies for being so confusing; I'm a bit burned out on all of this on a Friday. :(
In my industry, commensurate wage is a percentage of a normal hourly wage that is calculated based upon all kinds of factors that are updated ever 6mo and are different for every consumer. In the end, it...
Hi.
I work for a small, non-profit that gave me the task of making a database to track some of our consumers' hourly and piece-rate wages. Because the resulting information must interface with our accounting software every 2 weeks to pull a .txt file input, I had to design everything with that...