Earning a Living - Your Paycheck

The main reason people work is usually to earn money to satisfy their wants and needs. In the previous topic you learned the importance of finding a career that fits your interests because work will be a central part of your life for many years. In this topic, we will look at sources and types of income and calculating your paycheck. We will also look at employee benefits and incentives and consider how they add value to your salary.

Essential Question:

• How are employees compensated for their labor?