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Fixed compensation for services, paid to a person on a regular basis.

It is derived from the Latin root word for "salt". In the Roman Empire times, wages were paid in salt, a multi-use commodity (and a valued preservative). It is also where the phrase was obtained, "He's worth his salt".

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13y ago
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13y ago

Set rate per mo vs. hourly. (Generally means more hours or overtime)

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Q: What does it mean to be paid on salary?
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