salary
A salary is a set sum of money or remuneration paid by an employer to an employee in exchange for services rendered. Salary is commonly paid in fixed intervals. As part of a system of total remuneration that companies offer to employees, the concept of a salary continues to evolve. Salary (also known as fixed pay) is increasingly being viewed as part of a "whole rewards" system that incorporates bonuses, incentive pay, commissions, benefits and perquisites (or perks).
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Why Modi Govt Devised Inflation-Linked Mechanism To Appraise MPs' Salaries, Junking Arbitrary Hikes
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Published 5 months ago
