How do most people in the United States earn income? being paid per hour of labor taking money for sales of goods or services taking a percentage of their corporation's profits being paid a yearly salary for meeting certain objectives
Most people in the United States earn income by being paid per hour of labor or by receiving a yearly salary. The majority of workers are employed in jobs where they receive compensation for the number of hours they work. This includes both hourly workers and salaried employees.
Additionally, some individuals earn income by taking a percentage of their corporation's profits. These are typically business owners, entrepreneurs, or shareholders who receive a portion of the profits generated by the company.
Most employees, however, are not directly involved in the profits of their corporation. They are either paid an hourly wage or receive a predetermined annual salary, which is often negotiated based on job-specific requirements, experience, and qualifications. The salary may also be tied to meeting certain objectives or performance targets.