If I get a bonus, I simply add that to my gross wages for that period. Examples of Gross Wage Calculations Let’s say I worked ...

In labor economics, efficiency wages are a level of wages paid to workers above the market rate to retain a skilled and efficient workforce. Efficiency wage theory posits that an employer must pay ...

NAWI is an annual measure of average wages in the U.S. The Social Security Administration uses NAWI to calculate Social Security benefits, among other things. NAWI plays a key role in adjusting ...

What is a pay period and why is it important? A pay period is an established timeframe during which workers earn wages. Each period has a start date and an end date. A new pay period begins the ...