Wage labour

Wage labour is the socioeconomic relationship between a worker and an employer in which the worker sells their labour under a contract (employment), and the employer buys it, often in a labour market.Need quotation on talk to verifyIt is the effort that people devote to a task for which they are paid The products of labour become the employer's property. A wage labourer is a person whose primary means of income is to sell labour in this way.Wage labour has existed in one form or another for thousands of years in many different kinds of societies, though it is most prevalent in capitalist systems.

The phrase is also sometimes used to mean the labor done for an employer in exchange for a wage.

The most common form of wage labour currently is a contract in which a "free" worker sells his labour for a predetermined time (e.g. a few months or a year), in return for a money-wage or salary. However, wage labour takes many other forms, and many different kinds of contracts and forms of remuneration are possible. Economic history shows a great variety of ways in which labour is traded and exchanged. The differences show up in the form of:The worker could be employed also as an apprentice. a worker could be assigned by the political authorities to a task, he could be a semi-slave or a serf bound to the land who is hired out part of the time. So the labour might be performed on a more or less voluntary basis, or on a more or less involuntary basis, in which there are many gradations.