From TheBestLinks.com
Salary is a form of periodic payment specified in an employment contract.
While 'wage' and 'salary' are often used interchangeably, 'salary' refers in particular to payment associated with a position over a fixed period of time, such as per week, per month, or per year. A manager or other person with oversight responsibilities (commonly referred to as a 'white-collar worker') would be more likely to draw a salary. A labourer or 'blue-collar worker' would take wages (usually paid weekly, biweekly, or monthly), based upon the actual hours worked.
Etymology
'Salary' derives from the Latin words sal meaning salt and salarium, a payment made in salt. In medieval times salt was a valuable barter commodity. (also the proverb 'to be worth one's salt').
Related links
Top visited
0 of
0 links
[no links posted yet]
>> place link >>
Discussion
Last posted
0 of
0 messages
[no messages posted yet]
>> post message >>
Watch
You can
add this article to your own "watchlist" and receive e-mail notification about all changes in this page.
