Explanation:

A wage is compensation paid to employees for work for a company during a period of time. Wages are always paid based on a certain amount of time. This is usually an hourly basis. This is where the term hourly worker comes from. Other forms of compensation include salary and commissions.
Lower level employees are paid based on the amount of time worked. These employees usually have a time sheet or time card to keep track of the hours worked per week. Most modern employers have computerized systems to keep track of hourly employee hours.

Employees must log into the system and log out to record their hours worked. Depending on the state, these employees are then paid once a week or once every other week. Hourly employees must receive overtime benefits if they work more than 40 hours each week.