Income
Income is the amount of money you get paid for doing your job. There are different types of income. Hourly, salary, commission, commission and salary, and tips.
1. Hourly
Hourly depends on how much you work in a certain amount of time. For example, if you work for thirty hours a week then you won't get paid as much as someone working forty hours a week. Even if you have the same job. The more you work, the more money you get. |
2. Salary
Your salary is a set amount of money you can earn at your job. Which means that whenever you get paid it will be the same amount each time. So if you end up working longer than usual, your amount of money won't increase. |
3. Commission
Commission only jobs depend less on how much you work compared to how good you are at your job. If you work for a commission only job then every time you sell your product, you get a certain percentage of the price. |
4. Salary + Commission
Salary and Commission is salary and commission combined. You will have a set price that you will receive for each paycheck, but you will also get a percentage of the money from the products you sold. |