In the world of employee compensation, there are different terms used interchangeably, but what “annual income,”“salary,”“wage,” or “take-home pay” means to one person might be different than what they mean to another. It’s not surprising that these terms are often easily confused....
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Calculate the average amount you receive in each paycheck. In most cases it will be a set number, like when you are on a straight salary and are paid the same amount each pay period. However, if you are paid hourly and work an irregular number of hours, then you have to calculate an...