Which of the following terms refers to wages that exceed the standard or regular pay rate and are given to employees for work performed under undesirable circumstances, such as overtime hours, weekend work, holiday work, or dangerous and hazardous circumstances?

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Premium pay refers to wages that exceed the regular pay rate and are given to employees for work performed under undesirable circumstances like overtime, holiday work, weekend work, or dangerous and hazardous circumstances. Severance pay refers to compensation given to employees who are laid off or terminated. Worker's compensation refers to benefits given to employees who are injured or get sick while performing their job. Guaranteed wages refer to a minimum wage level that an employee is entitled to receive.

Which of the Following Terms Refers to Wages That Exceed