CMA Intermediate · Business Laws and Ethics · The Code on Wages, 2019
Under the Code on Wages, 2019, the minimum rate of wages on a time work basis may be fixed by which of the following wage periods?
The minimum rate of wages on a time work basis may be fixed by the hour, by the day or by the month, in any one or more combinations. The Code does not list the week, fortnight, quarter or year as wage periods for fixation.
- ABy the hour, by the day or by the monthCorrect
- BBy the day, by the week or by the year
- CBy the hour, by the fortnight or by the quarter
- DBy the week, by the month or by the year
Explanation
The Code provides that the minimum rate of wages on time work basis may be fixed by the hour, by the day or by the month, in any one or more combinations. Week, fortnight, quarter and year are not listed wage periods for fixation.
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