1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Salary, Wages & Commission Stage 6 - Year...

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Press Ctrl-APress Ctrl-A©G Dear2009 – Not to be sold/Free to use

Salary, Wages Salary, Wages & Commission& Commission

Stage 6 - Year 11Stage 6 - Year 11

Applied Mathematic(Preliminary General 1)

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for the competent performance of specific tasks

A salary is an agreed upon amount of pay

Usually on an annual basis. (e.g. $76000 p.a.)

You may be expected to put in a minimum number of hours, but also be available when extra work is needed.

The employer does not provide overtime pay

TeacherDoctor

Judge

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Pay is based on a per-hourly rate

The employer does provide overtime pay

A wage may vary from one pay period to the next.

PlumberMaid

Builder

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A fee which a salesperson would receive upon completion of a sale

It is a motivational system of payment designed to encourage sales staff to sell more

Usually a percentage of sales.

Car SalesmanReal Estate

Agent