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    11 Ways Of Expressing Salary, Do You Know?

    2010/6/12 18:55:00 20

    Salary

    Do you know the 11 ways of expressing salary? It is very helpful for us to know more about workplace English.


    1. Pay check: paycheck.

    A cheque issued by a company that can be cashed at a designated financial institution.


    2. Pay stub: salary stub.

    Archived receipts.

    It is used to calculate the amount of check and the amount of related items payable.


    3. Pay period: pay cycle.

    The time of the two payroll interval.

    It can be daily (very few), weekly, monthly, Bi weekly and half month.


    4. Pay rate: wage standard.

    The company pays wages according to the agreed standard of payment between the two parties.


    5. Gross: total.

    According to certain wage standards, employees' basic income in a certain period can be:


    Salary: salary (daily / weekly / monthly fixed amount adjusted according to working days).


    Wage: hourly wage (adjusted hourly wage based on working hours)


    Piece: piece rate (the amount paid for each completed work).


    The gross salary can also be adjusted according to commission and bonus.


    6. Commissions: Commission.

    According to past sales performance, regular money is issued.


    7. Bonuses: bonus.

    Money paid by companies for different reasons, such as completing tasks, motivating employees to increase productivity, special holidays such as Christmas, etc.


    8. Deductions: deduction.

    Deductions are part of the company's total salary.

    It is usually called deducting from the source (deducting directly from wages).

    Some common deductions include:


    Income tax: personal income tax Pension: pension Medical: medical insurance


    9. Net: net wages.

    The amount remaining after deducting all items from total wages.

    This is the money you can finally put in your wallet.


    10. Raise: raise salary.

    The adjustment of wage standards is usually based on performance, cost of living and promotion.


    11. Direct deposit: deposit directly into the bank.

    Transfer your net wages directly to the bank.

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