Connection lost
Server error
Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - salary
The young man knows the rules, but the old man knows the exceptions.
✨ Enjoy an ad-free experience with LSD+
Definition of salary
Definition: Salary is an agreed amount of money paid to an employee for their professional or semi-professional services. It is usually paid at regular intervals on a yearly basis, as opposed to an hourly basis. Salaried positions are usually exempt from the requirements of the Fair Labor Standards Act, but are subject to state regulation. Accrued salary refers to a salary that has been earned but not yet paid.
- A software engineer earns a salary of $80,000 per year.
- A marketing manager is paid a salary of $100,000 annually.
- A teacher's salary is $50,000 per year.
These examples illustrate the definition of salary as an agreed compensation for professional or semi-professional services paid on a yearly basis. The employees mentioned in the examples receive a fixed amount of money for their work, regardless of the number of hours they work each week. This is different from hourly wages, where employees are paid a set amount for each hour worked.
If we desire respect for the law, we must first make the law respectable.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
A salary is the amount of money that someone is paid for their work. It is usually paid on a yearly basis and is agreed upon before the work begins. People who have salaried jobs are usually professionals or semi-professionals. They are paid a fixed amount of money, regardless of how many hours they work. This is different from wages, which are paid based on the number of hours worked. Salaried jobs are often exempt from overtime pay, but they are still regulated by the state. Accrued salary is money that has been earned but not yet paid.
The law is reason, free from passion.
✨ Enjoy an ad-free experience with LSD+