Salary definition: Copy, customize, and use instantly
Introduction
The term "Salary" refers to the fixed, regular compensation paid to an employee, typically on a monthly or yearly basis, for their work. It is a crucial term in employment contracts, as it outlines the amount an employee is entitled to receive in exchange for their services. Defining "Salary" helps establish clear expectations regarding payment structure, ensuring both parties understand the financial terms of employment.
Below are various examples of how "Salary" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Salary" as Fixed Compensation
This definition ties "Salary" to regular, fixed compensation for work performed.
"Salary" means the agreed-upon amount of compensation payable to the employee, typically on a bi-weekly, monthly, or annual basis, for the employee's services rendered during the term of their employment.
Definition of "Salary" as Remuneration
This definition connects "Salary" to the remuneration for employment.
"Salary" refers to the monetary compensation provided to an employee for performing duties outlined in their employment contract, paid on a consistent, regular basis, without consideration for hours worked.
Definition of "Salary" as Annual Compensation
This definition links "Salary" to yearly compensation.
"Salary" means the total amount of compensation an employee is entitled to receive over the course of one calendar year, typically divided into periodic payments, such as monthly or bi-weekly installments.
Definition of "Salary" as Regular Earnings
This definition applies "Salary" to regular earnings paid to an employee.
"Salary" refers to the fixed, pre-determined amount of money paid to an employee as compensation for their regular, ongoing services, irrespective of the number of hours worked.
Definition of "Salary" as Gross Payment
This definition connects "Salary" to gross pay before deductions.
"Salary" means the total amount of compensation an employee earns prior to any deductions, including taxes or benefits, paid according to the agreed-upon frequency outlined in their employment contract.
Definition of "Salary" as Base Pay
This definition ties "Salary" to the base pay of an employee.
"Salary" refers to the fixed amount of compensation that an employee receives for their job, excluding bonuses, commissions, or other additional forms of remuneration.
Definition of "Salary" as Compensation for Employment
This definition applies "Salary" to compensation for employment services.
"Salary" means the compensation provided to an employee for the performance of their job, typically paid on a monthly, semi-monthly, or other regular basis, regardless of the number of hours worked.
Definition of "Salary" as Employee Earnings
This definition connects "Salary" to earnings of an employee.
"Salary" refers to the compensation provided by the employer to the employee for fulfilling their employment duties, typically determined on an annual or bi-annual basis.
Definition of "Salary" as Fixed Payment for Services
This definition links "Salary" to fixed payments for work performed.
"Salary" means a consistent, fixed payment made by the employer to the employee for their services, typically outlined in the employee’s contract and paid regularly.
Definition of "Salary" as Periodic Income
This definition connects "Salary" to income received periodically.
"Salary" refers to the regular payments made to an employee, typically monthly or bi-weekly, in exchange for the services they provide during their employment.
Definition of "Salary" as Pay Scale
This definition connects "Salary" to a specific pay scale.
"Salary" means the amount of pay assigned to an employee as part of a predetermined pay scale, paid regularly based on their role and responsibilities within the organization.
Definition of "Salary" as Contractual Payment
This definition applies "Salary" to contractual payments.
"Salary" refers to the agreed-upon financial payment, set forth in the employee’s contract, that is paid to the employee on a fixed schedule in exchange for the performance of their professional duties.
Definition of "Salary" as Remuneration for Services Rendered
This definition ties "Salary" to the payment for services.
"Salary" means the regular payment made by the employer to the employee as compensation for services rendered, typically agreed upon in an employment agreement and paid on a periodic basis.
Definition of "Salary" as Remuneration Package
This definition connects "Salary" to a remuneration package.
"Salary" refers to the monetary compensation provided to an employee as part of their total remuneration package, typically including benefits such as health insurance, pension, and other allowances.
Definition of "Salary" as Fixed Monthly Income
This definition links "Salary" to monthly income.
"Salary" means the fixed amount of income paid to an employee each month, regardless of the hours worked, as compensation for their employment services.
Definition of "Salary" as Employee Pay
This definition connects "Salary" to pay for employees.
"Salary" refers to the predetermined, fixed amount of pay agreed upon by the employer and employee, paid at regular intervals, usually monthly or bi-weekly.
Definition of "Salary" as Net Income
This definition links "Salary" to the net income after deductions.
"Salary" means the amount of compensation an employee receives after applicable deductions such as taxes, social security, and other required contributions are subtracted from the gross pay.
Definition of "Salary" as Earning for Services Rendered
This definition ties "Salary" to earnings from services.
"Salary" refers to the compensation received by an employee for performing their duties, usually paid on a monthly or bi-weekly basis, as stipulated in the employment contract.
Definition of "Salary" as Base Compensation
This definition connects "Salary" to base compensation.
"Salary" means the fixed, base compensation provided by an employer to an employee, which does not fluctuate based on hours worked but is agreed upon in the employment contract.
Definition of "Salary" as Regular Pay
This definition applies "Salary" to regular pay.
"Salary" refers to the consistent, agreed-upon pay amount given to an employee by the employer at regular intervals for services rendered, typically calculated annually and paid monthly.
Definition of "Salary" as Pre-Determined Wage
This definition connects "Salary" to a pre-determined wage.
"Salary" means the pre-agreed wage an employee receives, paid on a fixed schedule and not dependent on hourly fluctuations, typically paid monthly or bi-weekly.
Definition of "Salary" as Contractual Payment
This definition links "Salary" to agreed-upon compensation in an employment contract.
"Salary" means the fixed payment outlined in the employment contract that is paid regularly in exchange for the employee's duties.
Definition of "Salary" as Compensation for Work
This definition ties "Salary" to payment for work performed.
"Salary" refers to the regular compensation provided to an employee for their services, typically paid monthly or bi-weekly.
Definition of "Salary" as Periodic Wage
This definition applies "Salary" to periodic payment for services.
"Salary" means the agreed-upon amount paid at regular intervals for the employee’s services, usually determined annually and paid periodically.
Definition of "Salary" as Annual Income
This definition connects "Salary" to income received annually.
"Salary" refers to the total annual amount paid to an employee as compensation for their work, divided into regular payments such as monthly or bi-weekly.
Definition of "Salary" as Fixed Rate of Pay
This definition links "Salary" to a fixed pay rate.
"Salary" means the amount of money paid at regular intervals to an employee as a fixed rate of pay for performing their duties.
Definition of "Salary" as Gross Earnings
This definition connects "Salary" to earnings before deductions.
"Salary" refers to the total amount of compensation an employee receives before any deductions, such as taxes or benefits, are applied.
Definition of "Salary" as Employer Payment
This definition ties "Salary" to an employer’s payment to an employee.
"Salary" means the regular payment made by the employer to the employee in exchange for their services, as per the agreed-upon employment terms.
Definition of "Salary" as Guaranteed Pay
This definition links "Salary" to guaranteed compensation.
"Salary" refers to the guaranteed compensation that an employee will receive, irrespective of the hours worked, as outlined in the employment agreement.
Definition of "Salary" as Remuneration Package
This definition connects "Salary" to a broader remuneration package.
"Salary" means the monetary compensation an employee receives as part of their overall remuneration package, which may also include benefits such as health insurance and retirement plans.
Definition of "Salary" as Compensation per Contract
This definition applies "Salary" to compensation based on a contractual agreement.
"Salary" means the agreed-upon amount paid to an employee in return for their work, as stipulated in their contract, usually paid monthly or bi-weekly.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.