Concept information
Preferred term
employee compensation
Definition(s)
- Wages and salaries are the main forms of payments made to an employee for her/his work or services performed. Salary is a fixed periodical payment paid to an employee for regular labor or services, generally into a bank account, while wages are habitually paid by the day or week for casual work or services that are of a more irregular nature, and are generally paid in cash. [Source: Encyclopedia of Business in Today's World; Salaries and Wages]
Broader concept(s)
Narrower concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-TP8844TD-L
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