salary and wages

 In this lesson we're going to learn salary and wages. Salaries and wages are same but they have a different definition. That means is similar but is different. Salary means fixed amount of money you earned per year.
Wage means amount of money you earned weekly.

 A structure of salary or wage is like this. When you're working, there are normal wages, time and a half and double time.

Normal wage is rate of pay per hour multiplied by regular hours,
Time and a half is rate of pay per hour multiplied by overtime hours x 1.5.
Double time is rate of pay per hour x overtime hours x 2.

For example "I worked 48 hours per week I get $34 per hour. Calculate my wage if the time and a half is 6 hours, double time is 8 hours and regular hour is 34 hour.

Normal wage = $34 x 34 = $1156.
Time and a half = $34 x 6 x 1.5 = $306
Double time = $34 x 8 x 2 = $544

  i.e 1156 + $306 + $544 = $2006.

  In normal wage, we multiply the normal hour by the rate of pay.
On time and a half, we multiply the rate of pay, number of hours of the time and a half and 1.5.

Lastly on double time, we multiply the rate of pay, number of hours of the double time and 2.