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Review Numbers & Money Exchange│ Unit1392.1 Systemof PaymentIntroductionEvery organisation employing personnel will be involved in the calculation of gross and net wages or salaries. In large companies this will be done by specialist staff using computers while in a small one it might be done by one person as part of general office duties. Whatever the situation, the principle is common to all organization.Wages and salaries in the Kingdom of Bahrain are regulated by law Decree No (48) of 2010 Promulgating Civil Service Law and Law No (36) of 2012 The promulgation of the labor law in the private sector. You should know that the terms ‘wages’ and ‘salaries’ have the same meaning, but wages is usually applied to hourly-paid or weekly-paid staff, while salaries is used for employees paid monthly. There are many ways of calculating salary and wages.The following are payment methods that can be used by an organisation:►Payment by the hour, week, month and annually.►Piece-rate system and Bonus systems.►Commission based upon quantity sold.►Annual salary. What method of payment that has been used in the Kingdom of Bahrain for the following sectors:►Ministries.►Banks.►Companies and small businesses.Activity 2-1-1: