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What else can I help you with?
Is the salary of a psychiatrist a fixed or variable cost?
Variable if the psychiatrist is paid at a certain rate hourly or daily; fixed if the salary is fixed for a given period (i.e.) annually).
Are salary and wages synonyms or antonyms?
The two are nearly synonyms, except that "salary" is usually applied to a fixed payment (weekly, monthly, yearly) while wages usually applies to an hourly or daily payment.
Is executive salary a fixed or variable cost?
Fixed
What is the salary of a black ops agent?
A black ops agent doesn't have a fixed salary, instead they are paid based on the success or failure of their missions. Obviously failure can result in serious consequences such as death.
What is fixed component and variable component in salary?
fixed compnent
Is the salary of a lecturer a fixed or variable cost?
If salary is on per lecture basis then it is variable cost otherwise it is fixed cost.
What is money paid to employees called?
Money paid to employees is called wages or salary. Wages typically refer to hourly compensation, while salary usually refers to a fixed annual amount. Additionally, employees may receive bonuses, commissions, and benefits as part of their overall compensation package.
Name some ways you can be compensated for work?
The most common ways to be compensated are either a fixed salary that is paid either weekly or biweekly, hourly wages for the amount of time the job took, or a set price to do a single job.
Is a supervisor's salary a fixed or variable cost?
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
The pay type that is the easiest to plan a fixed budget around is?
Salary. It is a fixed expense.
Is salary and wage the same thing?
No, salary and wage are not the same thing. A salary is a fixed amount of money that an employer agrees to pay an employee per year, for doing a specific job. For example, someone is hired to be an bookkeeper and is paid $50,000/year. Wages usually refer to an hourly rate of pay, and therefore they are not fixed; they depend upon the number of hours worked. For example, a person could be hired to load trucks for $15/hour. If he works for 3 hours, he earns $45.
What is the money that people earn for work called?
The money that people earn for work is called "wages" or "salary," depending on the payment structure. Wages typically refer to hourly pay, while salary refers to a fixed annual amount. Both terms fall under the broader category of "income," which encompasses various forms of earnings.
