The reward which accrues to labour for participating in production is

The reward which accrues to labour for participating in production is a "wage". Wages are the payment that workers receive for their labor, usually in the form of money. It is the compensation given by the employer to the employee in exchange for the work done. Wages are generally paid on an hourly, daily, or weekly basis, and are usually set by negotiation between the employer and employee, or determined by industry standards or government regulations.