wage rate; rate of pay
Economic term for the amount paid per unit of labor, typically per hour or per piece.
The wage rate at this factory is 1200 yen per hour.
A strike was held demanding an increase in the wage rate.
時給 means 'hourly wage', a specific type of wage rate. 賃金率 is a broader economic concept that can include hourly, piece-rate, or other rates.
Compound of 賃金 (wages) and 率 (rate, proportion).