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annual salary means yearly salary. It is also called P.A. which means per annum.

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12y ago

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Does annual mean average?

No, "annual" means on a yearly basis, while "average" is the mean. For example, annual salary would mean the total salary earned in a year, while average monthly salary would mean the total salary earned in a year divided by 12 months.


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The "mean annual salary" is the average salary being paid for a job or position. Your annual salary is the amount that you will get paid in a year assuming you work the entire year at that salary. For example, if you are paid semi-monthly (such as US military pay, 1st and 15th of each month), and your annual salary is $24,000, your gross paycheck (before taxes) will be $2,000.


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What does 2 times annual salary mean?

"2 times annual salary" refers to an amount that is double an individual's yearly earnings before taxes and deductions. For example, if someone has an annual salary of $50,000, then 2 times their annual salary would be $100,000. This term is often used in contexts like loan eligibility, severance packages, or bonus calculations. It provides a straightforward way to quantify financial expectations or obligations.


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