Salaries & Wages Activity 1

A fixed amount in each pay period

• Compensation

• Salary

• Wage

• Commission

Given to an employee in which the amount is from a portion of the sales.

• Commission

• Per-piece rate

• Salary

• Bonus

Benefits that are received by an employee or worker in exchange for the service they provide to their employer.

• Wages

• Salary

• Bonus

• Compensation

Money that an individual receives in exchange for providing good/service or through investing capital

• Income

• Benefits

• Bonus

• Compensation

Write S if it is a salary, W if it is wages,

P if it is per-piece, and C if it is commission.


₱15,000 per month

Write S if it is a salary, W if it is wages,

P if it is per-piece, and C if it is commission.


₱75 per hour

Write S if it is a salary, W if it is wages,

P if it is per-piece, and C if it is commission.


35% of the sales

Salary and Wage vary depending on the nature of work.

• TRUE

• FALSE

Write S if it is a salary, W if it is wages,

P if it is per-piece, and C if it is commission.

₱350 per product

Write S if it is a salary, W if it is wages,

P if it is per-piece, and C if it is commission.


₱24,000 bimonthly