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Salary

remuneration paid by an employer to an employee

A salary is a type of payment a person gets for work done for a job. A salary is usually paid for a fixed period of time, such as a month or a week. Generally, it does not matter how many hours are worked, the salary remains the same. If someone is not a salaried employee, they are generally an "hourly" employee and are paid a certain amount for each hour's which is known as "wages."