Topic
salary.
remuneration paid by an employer to an employee periodically, rather than based on actual time worked
The journal
Open the journal →The conversation starts in the journal — be the first to post.
About salary
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis. Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts.
Everything about salary →