It is the fixed amount an employee earns every month.

It refers to a fixed regular wage, typically paid monthly, semi-monthly, or weekly especially for professional, managerial, or administrative positions.

Total earnings before deductions

It means the renumeration or earnings, however designated, capable of being expressed in terms of money, whether fixed or ascertained on a time, task, piece, or commission basis.

Maria works 8 hours a day and is paid ₱75 per hour. Her earnings are an example of:

It is the amount of money a worker earns for each day of actual work.

Income remaining after deductions

______________ = Daily Wage x 6 days

It is the total amount of money a person earns in one year, usually from a fixed monthly salary.

______________ = Annual Salary ÷ 52 weeks

It is earned as a percentage of sales made

Net Income = Gross Income − _______

It is the extra pay given for working beyond 8 hours at the rate of an additional 25% of his regular wage.