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Wage advance

Monetary funds issued to employees for the first half of the month as wages. The advance sum usually amounts to 40% of the salary or time tariff rate, in case of piece-rate pay the advance sum is calculated on the basis of the last month's wage. The wage advance may not be paid, in this case wages for the first half of the months are accrued for the time actually spent on duty or for the work actually performed.

Wage rate

The money payment made to a worker for each'unit' of his or her labour input, usually measured either on an hourly time basis , or for each unit of output produced.

Wage rate (Base pay)

Fixed amount of an employee's labour compensation for the fulfillment of a labour norm (labour duties) of a certain complexity (skill) within a unit of time.