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5 Cards in this Set
- Front
- Back
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What are wages?
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A wage is a regular payment paid to people who work. It is typically paid on an hourly rate (e.g. £6.00 an hour) on a daily or weekly basis.
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What is a salary?
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A salary is a regular monthly or yearly pay. It is made from the employer to the employee, especially a professional or a white-collar worker.
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What is a gross pay?
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This is the total amount of money you get before taxes or other deductions are made from your pay.
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What is a net pay?
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This is the amount of money remaining after all taxes and deductions have been made.
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What is commission
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This is an additional pay to an employee when an item has ben sold. |
