Employment income

Employment income is the money you earn from your job or work. It includes your regular salary or wages, bonuses, and any benefits paid by your employer. This income is the main source of earnings for most people and is usually received periodically, such as weekly, bi-weekly, or monthly. It is considered taxable income, meaning that the government may require a portion to be paid as taxes. Employment income reflects the compensation for the work you perform and can also include additional perks like health insurance or retirement contributions provided through your employer.