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Things you should know before we begin...
Overtime: More than 40 hours= time and a half
Net Pay= take home money
Minimum Wage= $7.25 per hour
$Income$
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SalarySalary is the amount of money you get per year that doesn't change. This can be good if you take a day off because you still get payed for that day. It can also be bad because if you work overtime you payment does not change.
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HourlyYou get payed by how many hours you work. This can be beneficial because when you work overtime you get payed more, but if you work less you get payed less.
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CommissionCommission is the amount of money you make based on the amount of products sold. Though you usually make more money doing commission only, most people do commission with salary to be safe.
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TipsThis is another way to earn money. By the worth of your work you'll get more money. Do a good job and hopefully you'll get more!
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BonusGoogle: Bonus Definition= an amount of money added to wages on a seasonal basis, especially as a reward for good performance.
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BenefitsBenefits are extra things that come with a job like sick days, vacation days, personal days, company car, phone, and laptop.
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TaxesGoogle: Taxes= a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions
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