An annual amount of compensation received by workers from an employer that is prorated on a weekly, biweekly, or monthly payment schedule. Salary income is subject to state and federal government income taxes and Social Security tax (FICA), which are generally deducted from a worker’s earnings via payroll withholding.
Regular compensation paid to an employee as a condition of employment. Salary is generally computed on an annual or a monthly basis. [Go to source
Regular wages and benefits an employee receives from an employer.
The basic salary that you receive from your employer and on which your contributions to the pension fund are based. (Does not include overtime or bonuses.)
The definition varies by plan: Life Insurance & Accidental Death & Dismemberment (AD&D)--Your salary for determining insurance coverage amounts is the gross amount of pay paid to you for performing the duties required of your job. It excludes bonuses and overtime pay for hours beyond 40 in a week. If you salary changes during the year, your coverage amount will increase or decrease as appropriate but your cost will not change until the beginning of the next calendar year. Voluntary Disability Insurance (VDI): Your basic pay, including paid vacation, paid holiday and paid sick time but excluding overtime pay, shift pay, bonuses and other additional compensation.
Fixed compensation paid regularly for services.
a fixed regular payment made by employers, usually monthly, for professional or office work.
The compensation an employee receives for accomplishing the basic responsibilities of the job. In some companies' communications about compensation, the word salary is used as a synonym for base pay for exempt and nonexempt employees and their international counterparts. The use of the word salary is not intended to be a determination of FLSA status according to U.S. law. See also base pay.
The money you receive from your employment. Commission, overtime and bonuses are not normally considered as part of your gross income by the lender, unless you receive them at a guaranteed level. Any supplementary payment that is not guaranteed but which can be shown to remain above a certain level over a period of time can sometimes be taken into account, though many lenders will only incorporate a portion of this money into the calculation.
something that remunerates; "wages were paid by check"; "he wasted his pay on drink"; "they saved a quarter of all their earnings"
a fixed amount of money that is paid to a person within a given period of time
a fixed amount that will be paid over a specific time frame
a fixed sum of money paid at regular intervals
a form of periodic payment from an employer Employment is a contract between two parties, one being the employer and the other being the employee
an amount paid for a particular job, regardless of hours worked, and these employees are called "exempt
a payment via the payroll ( your own company or your employer )
Remuneration by way of regular periodical cash payments subject to PAYG tax.
Fixed compensation for services, paid to a person on a regular basis. The gross pay for an employee who is employed and paid a specified annual amount of pay. This is often paid irrespective of the hours actually worked. Salaries are typically paid fortnightly or monthly unlike hourly paid or wages' employees who tend to be paid weekly.
Compensation paid periodically to a person independent of performance (in sales or levels of use stimulated.)
The rate of basic pay fixed by law or administrative action for the position held by an employee before any deductions and exclusive of additional pay of any kind. Pay does not include locality-based comparability payments, local market supplements, or other similar payments.
Wages received on a regular basis, usually weekly or monthly. Sometimes the term is used to include other benefits, including insurance and a retirement plan.
The money paid for employee services.
A fixed regular payment for work or services, by the week, day, fortnight or month or individual job performed. See also: Pay;Wage
An employee is paid on a salary basis if s/he has a "guaranteed minimum" amount of money s/he can count on receiving in the paycheck for any work period during which s/he performs "any" work. The "salary basis test" is one way the FLSA distinguishes exempt from nonexempt employees. No matter what an employee's job duties are, with only a few exceptions s/he is nonexempt unless s/he is also paid on a salary basis. On the other hand, merely paying an employee on a salary basis rather than hourly does not make the employee exempt unless s/he also performs relatively high-level job duties.
A fixed amount of money paid to an employee for work performed. This can be expressed as an annual, monthly, weekly or bi-weekly amount.
Payment for work, usually calculated in periods of a week or longer. Salary is usually tied to the completion of specific duties over a minimum but not maximum number of hours. Also called wages.
Compensation received by an employee for services performed. A salary is a fixed sum paid for a specific period of time worked, such as weekly or monthly.
A regular payement made to an employee by the company they work for in return for time spent at work.
Annual income from base pay.
Your annual remuneration excluding overtime and generally excluding temporary allowances.
The amount of money you are paid by your employer.
a set amount of money paid to a worker usually per week, month or year.
A fixed income or consideration for services, which is usually paid on a weekly, bi-weekly or monthly basis. This is distinguished from a wage, which is generally paid on an hourly basis.
A fixed regular payment for work made on a fortnightly or monthly basis by an employer to an employee. (see also: Wages)
A fixed payment made by an employer at regular intervals to a person, usually calculated on an annual basis.
The amount an employer pays an employee for work done. Each employer records this type of employment income on T4 slips. Same as employment income and wages.
Earnings received for regular periods, usually weekly, biweekly, or monthly. Salary is usually based on duties you perform, not the number of hours you work per pay period.
The total amount regularly paid or stipulated to be paid to an individual, before deductions, for personal services rendered while on the payroll of a business or organization.
Salary or wages is generally any periodical payment made to a person in return for work or services.
A salary is a form of periodic payment from an employer to an employee, which is specified in an employment contract.