Math Vocab - Salary Words

Yearly Salary

It refers to the amount of money you make in a single calendar year.

Time Card

a card used to record an employee's starting and quitting times, usually stamped by a time clock.

Monthly Salary

a fixed amount of money or compensation paid to an employee by an employer in return for work performed on a monthly basis.

Salary

a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.

Employee

a person employed for wages or salary, especially at non executive level.

Employer

a person or organization that employs people.

Hourly Wage

a rate an employer agrees to pay a worker per hour worked.

Weekly Salary

an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis.

Percent

one part in every hundred.

Commission

the amount of money an employee earns when they sell something

Overtime

time in addition to what is normal, as time worked beyond one's scheduled working hours.