According to the Labor Standards Act, any remuneration paid to the worker in the form of wages, salaries, or any other name is defined as "wages." The remuneration for labor includes not only what the worker has directly done but also what is paid for the reproduction of labor power and for maintaining the worker's livelihood. If the remuneration is not properly paid, the worker has the right to..
When a company becomes bankrupt, workers who have not received their wages may not receive them. The government pays the workers on behalf of the insolvent company and later recovers the payment from the company's owner. This payment made to workers is called wage arrears limit. There are two types of wage arrears limit payments: general and small-amount. To have the eligibility to receive the p..