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4 Cards in this Set

  • Front
  • Back
Wage
Payment for labor or services to a worker, especially remuneration on an hourly, daily, or weekly basis or by the piece.
Salary
A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker
Gross Pay
is the total amount paid to an employee each pay period. Gross pay includes regular pay, overtime pay, and other taxable earnings.
Net pay
The remaining amount of an employee's gross pay after deductions, such as taxes and retirement contributions, are made.