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Types of Pay

AB
PieceworkA fixed amount of money for each piece of work done.
CommissionA percentage of money taken in from sales made.
SalaryA set amount of money paid for a certain period of time (monthly, annually, etc.)
WageA set amount of pay for each hour worked.
TipsSmall amount of money given by customers to service-related customers in return for good service.
Profit SharingProfits returned to employees who create greater profit for the company through their hard work. (two words)
Earned IncomeMoney you receive for doing a job. (two words)
Fringe BenefitsExtra financial rewards, such as holidays, sick leave, and profit sharing.(two words)
Minimum WageThe lowest amount of money an employer is allowed to pay per hour
BonusAn extra payment in addition to a worker’s regular pay.


Spanish Teacher
PA

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