Crossword Genius

Wants no yen for pay (8)

Ross

I believe the answer is:

earnings

I'm a little stuck... Click here to teach me more about this clue!

'pay' is the definition.
(synonyms)

'wants no yen' is the wordplay.
I cannot quite understand how this works, but
'no' could be 'n' (common abbreviation) and 'n' is found within the answer.
The remaining letters 'earings' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...

'for' acts as a link.

Can you help me to learn more?

(Other definitions for earnings that I've seen before include "made money" , "Returns received for work" , "Salary" , "Wages for grannies" , "Salaries, wages" .)

I've seen this clue in The Independent.
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