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Voluntary wage refers to a salary or wage that is determined by an agreement between an employer and employee, rather than being mandated by law or union contracts. It often reflects the employee's skills, experience, and the market demand for their role. Voluntary wages can also be influenced by factors like the company's financial situation and the employee's negotiating power. Essentially, it's a mutually agreed-upon compensation that can vary widely among individuals and organizations.

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2w ago

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