answersLogoWhite

0


Best Answer

When you work on an honorarium you get payment for certain piece of work, without signing a labor contract. For example in the medical field, from a financial point of view, this type of employment is highly beneficial - for example - the hourly payment for doctors on honorarium is 180 euros on average. German clinics seek both assistants and specialists for work on honorarium which means that the stage of professional development is not an obstacle for taking advantage of this opportunity.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

Loosely speaking, a stipend is an amount of money rounded up to present to you for doing whatever it was you did. A speaker at a function is commonly paid a "stipend". A salary is a contractually agreed upon amount, for a specified service rendered, and the word generally implies repetitive payment for the same continuing service.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

compensation is something given for loss or suffering. A salary is a fixed wage earned by an employee for regular work

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between compensation and salary?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Explain the difference between salary and wage and give example to illustrate who earns salary and who earns wage?

What is the difference between a salary and commission


The presidents salary is called?

compensation


What is the difference between salary and payroll?

Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.pay roll: Definition: The administration of the financial record of employees' salaries, wages, bonuses, net pay, and deductions


Is paying compensation in expropriation and not paying compensation in confiscation is basic difference between confiscation and expropriation?

In expropriation government pays any compensation but not in confiscation.and the difference between them that Expro. is taking of private owners and pay ( adequate and effective compensation)In Confis. is like deprivation and doesn't pay any compensation .


What is the presidents annual compensation and salary?

Salary of 400k.


What is the difference between allowances and salary?

an allowance is given a salary is earned


What is the relationship between gross salary and cost-to-company?

what is the difference between gross salary and CTC


A salaries variance is the difference between which salaries?

your salary and someone else's salary


Is contingent compensation more likely to result in a determination that compensation is unreasonable than a compensation package that is all or primarily a fixed salary?

yes, contingent compensation is more likely to result in a determination that compensation is unreasonable than a compensation package that is a fixed salary.


What is the president's salary between the time he is elected and the time he takes office?

Nothing. Compensation begins when he takes office.


How much does a compensation analyst make an hour?

they get paid a salary between 45-55K entry-level, moron


What is the presidents salary called?

CompensationCompensation