How do Employees Get Payed (Definitions)

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Salary: A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker. (Example:)

Wages: A fixed regular payment earned for work or services, typically paid on a daily or weekly basis. (Example: M&S)

Bonus: A sum of money added to a person's wages as a reward

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