| A | B |
|---|
| Basic pay | pay earned for working the basic working week |
| Bonus | addition to the basic wage for achieving a target |
| Commission | payment system usually operated for sales staff where their earnings are determined by how much they sell |
| Fringe benefits | payment in kind over and above the wage such as a company car |
| Gross pay | total earnings |
| Net pay | earnings after deductions |
| Overtime | time worked over and above the working week |
| Piece rates | payment system where workers are paid depending on what they produce |
| Saleries | expressed as a yearly figure but paid monthly |
| Wages | tend to be paid to manual workers for working a fixed number of hours per week |
