Salary is a fixed amount of money that an employer agrees to pay to an employee in exchange for their services or work performed. It is typically paid on a regular basis, such as monthly or bi-weekly, and is stated as an annual sum before taxes and other deductions. The amount of salary offered to an employee is usually based on factors such as their job responsibilities, qualifications, experience, and market demand for their skills. Salaries are commonly associated with white-collar or professional jobs, and they may vary significantly depending on industry, location, and the company's financial situation.
