Earning Income

A fixed payment for each hour or work

• wage & tip

• hourly wage

• salary

• commission

an hourly wage plus varying amounts in tips for services provided

• wage & tip

• hourly wage

• salary

• commission

a regular fixed payment for work, expressed as an amount /year but paid monthly or twice a month

• wage & tip

• hourly wage

• salary

• commission

a payment based on a percentage of the worker's sales

• wage & tip

• hourly wage

• salary

• commission

A store clerk or a fast-food restaurant worker would get paid this way.

• wage & tip

• hourly wage

• salary

• commission

A waitress, or taxi driver would get paid this way.

• wage & tip

• hourly wage

• salary

• commission

A policeman, firefighter or teacher would get paid this way.

• wage & tip

• hourly wage

• salary

• commission

A salesperson or real estate agent would get paid this way.

• wage & tip

• hourly wage

• salary

• commission

a payment for a piece of work that is marketed and sold. The amount is based on a percentage of sales.

• royalty

• piecework

• contract

a payment based on the number of items created

• royalty

• piecework

• contract