Salary
From The Art and Popular Culture Encyclopedia
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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.
From the point of a business, salary can also be viewed as the cost of acquiring human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts.
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See also
- List of countries by monthly average wage
- List of countries in Europe by average wage
- Executive compensation
- List of countries by average wage
- List of single-digit salary earners
- List of largest sports contracts
- Salaryman (Japan)
- Peak earning years
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Salary" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
