Misc where do you get the majority of your income?

Wage: your income is determined by an hourly rate. Your pay literally equals hours worked x hourly rate.

Salary: you get paid a set amount each week or fortnight. You have standard hours like 9-5 but have a degree of autonomy and as long as the staff are supervised and work gets done there’s some flexibility around it. Examples might be middle manager at a retail store or a junior associate at a law firm.

Remuneration: Your base pay is linked to some specific outcome. Either attending meetings, delivering a report or a computer program, whatever. You can outsource, spend as much or as little of your own time, employees or subcontractors time as you like, provided the output is delivered in accordance with whatever standards. Examples might include a builder or independent director of a company.

Capital: the majority of your income is returns to your assets. You might direct where or how the money gets invested but for the most part the money is coming from the asset itself and not your own labour. Examples might include a landlord who outsources all maintenance and property management; or someone who is retired and lives off an annuity.