Salary

Salary is a fixed, regular payment made by an employer to an employee, typically expressed as an annual amount. It is usually paid on a monthly or biweekly basis and is not directly tied to the number of hours worked or the amount of work performed. Salaries are commonly associated with professional work or roles that require specialized knowledge or skills. They are often outlined in employment contracts and can be influenced by factors such as the employee’s experience, industry standards, and job responsibilities. Salaries can also be accompanied by benefits, bonuses, and other forms of compensation, but the term specifically refers to the base monetary benefit an employee receives for their labor.