wages

시간제 refers to working on an hourly basis rather than a yearly wage contract. I.e this is what part-time and casual working staff do. 

시간제로 일하면 then you receive 시급 (hourly wage) as your form of compensation. 

If however you’re working on a yearly contract then your form of compensation is 월급 (salary) - it literally means monthly pay/wage (most people in Korea who work yearly contracts receive their salaries monthly). 

보수 (wages, salary, remuneration) includes both meanings of 시급 and 월급.

washingtonpost.com
I make $2.35 an hour in coal country. I don’t want handouts. I want a living wage.
The white working class doesn't need a savior at the ballot box. We need decent pay in the jobs we already have

(Other than the title using the idea of “handouts” which tends to be a buzzword for all sorts of stereotypes about poor people on welfare, this article is mostly good).

Somebody asked me: “You’re a Doctor? How much do you make?”
I replied: “HOW MUCH DO I MAKE?”
I can make holding your hand seem like the most important thing in the world when you’re scared…
I can make your child breathe when they stop…
I can help your father survive a heart attack…
I can make myself get up at 4am to make sure your mother has the medicine she needs to live… and I will work straight through until 4am to keep her alive and start the day all over again!
I work all day to save the lives of strangers…
I will drop everything and run a code blue for hours trying to keep you alive!!!
I make my family wait for dinner until I know your family member is taken care of…
I make myself skip lunch so that I can make sure that everything I did for your wife today was correct…
I work weekends and holidays and all through the night because people don’t just get sick Monday through
Saturday and during normal working hours.
Today, I might save your life.
How much do I make? All I know is, I MAKE A DIFFERENCE.
—  No idea who wrote this originally, a friend posted it on Facebook and it sums up everything. 
The Working Class

The working class, or proletariat, are waged employees. They rely on this wage to survive.

They are hired to make money (surpluses) for their employers. In order to keep a job, workers must create more wealth than they receive in wages.

Employers collect these surpluses. Everything left after wages are paid is profit. Employers therefore receive more wealth than they create.

How profit is created and distributed (simplified).

Under capitalism, the wealth dynamic resembles that of older economic systems - lord and serf, or master and slave.

In each instance, those who work create surpluses, and in turn may receive enough to survive, but not enough to escape reliance on the exploiter.

The use of ‘exploiter’ is not moralistic. Under capitalism, individuals must be one or the other - employer or employee, exploiter or exploited. The relationship is systemic.

Wage competition between workers forces wages down.

When workers cannot live on the wage, the capitalist state subsidises the employer through welfare schemes.

If workers could not live, the market would collapse.

“In 1870, Rockefeller’s Standard Oil Company of Ohio processed two or three percent of the country’s crude oil. Within a decade, it controlled 90 percent of the refining business. Rockefeller reaped huge profits by paying his employees extremely low wages and driving his competitors out of business by selling his oil at a lower price than it cost to produce it. Then, when he controlled the market, he hiked prices far above original levels. Alarmed at the tactics of industrialists, critics began to call them robber barons.”

Just a reminder. Uber and others are the new robber barons.