Gross Income

Hourly Rate

• Extra pay for hours worked beyond the regular number of hours.
• An overtime pay rate of twice the regular hourly rate.
• A fixed amount of money paid for each hour of work
• A worker receives a specified amount of money for each item of work completed.

Straight-Time Pay

• A fixed amount of money earned on a regular basis.
• A worker receives a specified amount of money for each item of work completed.
• Pay that consists only of money earned from sales.
• The total amount of money earned for a pay period at the regular hourly rate.

Gross Income

• The total amount paid during a pay period.
• A fixed amount of money earned on a regular basis.
• An overtime pay rate of twice the regular hourly rate.
• Extra pay for hours worked beyond the regular number of hours.

Overtime Pay

• Extra pay for hours worked beyond the regular number of hours.
• A daily record of the time you report to work and the time you depart.
• A fixed amount of money paid for each hour of work
• A worker receives a specified amount of money for each item of work completed.

Time and a Half

• A worker receives a specified amount of money for each item of work completed.
• An overtime rate of 1.5 times the regular hourly rate.
• The total amount of money earned for a pay period at the regular hourly rate.
• Pay based on a different rate of commission for each of several levels of sales.

Double Time

• Extra pay for hours worked beyond the regular number of hours.
• Pay based on a different rate of commission for each of several levels of sales.
• An overtime pay rate of twice the regular hourly rate.
• The total amount paid during a pay period.

Weekly Time Card

• Pay based on a different rate of commission for each of several levels of sales.
• An amount of money paid for selling a product or service.
• A daily record of the time you report to work and the time you depart.
• A fixed amount of money paid for each hour of work

Piecework

• Pay based on a different rate of commission for each of several levels of sales.
• An overtime rate of 1.5 times the regular hourly rate.
• A daily record of the time you report to work and the time you depart.
• A worker receives a specified amount of money for each item of work completed.

Salary

• Pay based on a different rate of commission for each of several levels of sales.
• An amount of money paid for selling a product or service.
• A fixed amount of money earned on a regular basis.
• The total amount of money earned for a pay period at the regular hourly rate.

Commission

• Pay that consists only of money earned from sales.
• Pay based on a different rate of commission for each of several levels of sales.
• A specified amount of money paid for each sale or a percent of the total value of sales.
• An amount of money paid for selling a product or service.