Salary

Salary is the regular payment an employee receives from their employer for performing their job, usually expressed as an annual amount. It is typically paid in equal installments, such as monthly or biweekly, and reflects the agreed compensation for the work done. Salary includes the base pay, which is the core amount for the job, and may also encompass additional benefits or bonuses. It is a key factor in financial planning and reflects the value placed on an employee’s skills and responsibilities within an organization.