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Understanding Pay (Additional Pay (Commission, Overtime, Bonus), Basic Pay…
Understanding Pay
Additional Pay
Commission
Overtime
Bonus
Basic Pay
Piece Rate
Time Rate
Deductions
Non-Statutory
Pension
Saving
Health Insurance
Voluntary
Statutory
PRSI
USC
Income Tax
Compulsory
Paypath
Directly into Bank
Gross Pay
Basic Pay + Additional Pay
Net Pay
Gross Pay - Deductions
Payslips
Record of Pay
Tax Credits
Reduce Tax Paid