It is the amount of money a worker earns for each day of actual work.
Daily wage
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______________ = Daily Wage x 6 days
Weekly Salary
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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.
Wage
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It is earned as a percentage of sales made
Commission/ Commission Income
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Income remaining after deductions
Net Income
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banana
Go to last place!
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shark
Other team loses 20 points!
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shark
Other team loses 20 points!
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baam
Lose 20 points!
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It refers to a fixed regular wage, typically paid monthly, semi-monthly, or weekly especially for professional, managerial, or administrative positions.
Salary
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Total earnings before deductions
Gross Income
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________________ = Annual Salary รท 12 months
Monthly Salary
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It is the total amount of money a person earns in one year, usually from a fixed monthly salary.
Annual Salary
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It is the extra pay given for working beyond 8 hours at the rate of an additional 25% of his regular wage.
Overtime Pay
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Maria works 8 hours a day and is paid โฑ75 per hour. Her earnings are an example of: