What payment method typically requires employees to work for a specified hourly rate or per task completed?

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The correct answer is wage. A wage is a compensation method that is typically based on a specified amount of money earned per hour of work or per task completed. This method often requires employees to keep track of their hours worked or the tasks they accomplish, and they are paid accordingly. This structure provides flexibility for both the employee and employer, allowing for adjustments based on hours worked or volume of work completed.

In contrast, salary refers to a fixed annual amount paid to employees regardless of the hours they work, making it a different compensation model. Commission involves employees earning a percentage of sales or profits, which incentivizes performance but does not align with a per-hour or per-task payment structure. Perks refer to additional benefits offered to employees, such as health insurance, retirement plans, or other non-monetary compensation, and do not represent a direct payment method based on work performed.

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