Salary

/ˈsæləri/

Meaning & Definition

noun
A fixed, regular payment made by an employer to an employee, typically calculated on a monthly or annual basis.
Her annual salary has increased significantly since she was promoted last year.
Compensation for work, often expressed as a yearly amount.
He was thrilled to receive a substantial salary after completing his apprenticeship.
A sum of money paid to a worker for their services.
The company offers a competitive salary package for new hires.

Etymology

Late Middle English: from Latin 'salarium', from 'sal', meaning 'salt'; originally referring to money given to Roman soldiers to buy salt.

Common Phrases and Expressions

salary increase
An increase in the amount of money paid to an employee as compensation.
annual salary
The total amount of money an employee earns in one year before taxes and deductions.
base salary
The initial rate of compensation an employee receives, not including bonuses and additional benefits.

Related Words

wage
A fixed regular payment earned for work, typically calculated by the hour, day, or piece.
bonus
An additional payment awarded to an employee beyond their normal salary.
commission
A fee paid to an employee or agent based on sales or performance.

Slang Meanings

Cheddar
He makes a lot of cheddar working in finance.
Dough
She needs to save up some dough for her vacation.