noun🔗ShareA fixed amount of money paid to a worker, usually calculated on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy."The company increased employee salaries to attract and retain talented professionals. "businesseconomyfinancejobworkorganizationChat with AIVocabulary GamePractice Reading
verb🔗ShareTo pay on the basis of a period of a week or longer, especially to convert from another form of compensation."The company decided to salaries all of its hourly employees, meaning they would now be paid a fixed amount per month instead of by the hour. "businesseconomyjobfinanceChat with AIVocabulary GamePractice Reading
