Types of Income

​ (a)   is income you earn from a job and you're paid an HOURLY rate.

• Wages
• Salary

​ (a)   is the money you earn from a job and you're paid an​ (b)   salary. You can be paid ​ (c)   , monthly or every two weeks.

• Salary
• annual
• weekly

You are working at BCCHS cafeteria. You make a wage of $16.00 per hour. You work 24 hours this week. What is your gross pay? Hint: 16 X 24 =

• 384

• $384.00

• $348.00

• $16.00

Ms. Smith has an annual salary of $25,000.00. She gets paid monthly. Hint: 25000.00 divided by 12 =

• $25,000.00

• 2083.33

• $2083.33 per month

​ (a)   is when you earn money from a sales job. One example of a commission job is a ​ (b)   salesman.

• Commission
• car