
Salary
Regular Payment
Understand that 'salary' implies a set amount received regularly, usually monthly.
My salary is deposited into my bank account on the last working day each month.
Annual Calculations
Salaries are often discussed annually to compare jobs or negotiate pay.
The job offer listed a salary of $50,000 per year.
Not Hourly Rate
Unlike wages, 'salary' isn't based on the exact number of hours worked.
Even if I work overtime, my salary remains the same.