简介

The concept of a salary is the amount of money that a person receives in exchange for their work from an employer or company. It is paid in regular intervals such as monthly, bi-weekly or annually. A salary is typically agreed upon prior to employment and is often based on factors such as the person's qualifications, level of experience, industry, and job responsibilities. The salary payment is usually fixed and does not change based on the number of hours worked, unlike hourly wages.