
UNDERSTANDING YOUR PAYCHECK. BY ELLEN JOHNSON. WHAT ARE WAGES?. WAGES ARE THE AMOUNT OF MONEY YOU EARN FOR THE WORK YOU PERFORM. GROSS PAY. HOURS WORKED TIMES THE AMOUNT OF MONEY YOU EARN PER HOUR. EXAMPLE. YOU WORK 20 HOURS AND EARN $7.00 AN HOUR (20 X $7.00 = $140.00)
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