salary

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SALARY. A reward or recompense for services performed.
     2. It is usually applied to the reward paid to a public officer for the performance of his official duties.
     3. The salary of the president of the United States is twenty-five thousand dollars per annum; Act of l8th Feb. 1793; and the constitution, art. 2, s. 1, provides that the compensation of the president shall not be increased or diminished, during the time for which he shall have been elected.
     4. Salary is also applied to the reward paid for the performance of other services; but if it be not fixed for each year, it is called honorarium. Poth. Pand. h.t. According to M. Duvergier, the distinction between honorarium and salary is this. By the former is understood the reward given to the most elevated professions for services performed; and by the latter the price of hiring of domestic servants and workmen. 19 Toull. n. 268, p. 292, note.
     5. There is this difference between salary and price; the former is the reward paid for services, or for the hire of things; the latter is the consideration paid for a thing sold. Lec. Elem. Sec. 907, 908.

References in periodicals archive ?
Practically speaking, non-exempt salaried employees must be required to keep track of all hours that they work and do not work--just like non-exempt hourly employees.
He also suggested that salaried employees be given alternatives to the 27 pay periods, such as monthly or bi-monthly checks.
The airline said that, shortly after it emerges from Chapter 11 bankruptcy protection, current salaried employees below the director level, who took pay and benefit reductions due to the restructuring, will receive cash payments of USD31m.
The FLSA allows for another method of computing overtime for nonexempt salaried employees who work a fluctuating amount of overtime.
The relationship between civil servant and employer was not founded by signing a mutually binding contract - that would have been considered tantamount to reducing civil servants to the status of salaried employees, who were alleged to be interested foremost in the pecuniary rewards of their work.
In the November 2012 decision, a salaried employee was terminated for poor performance and paid only through the last day of work--not for the entire pay period.
The contract indicates that the layoff notice for 25 salaried employees is being withdrawn.
John's claim involves two issues that will commonly arise when a salaried employee voluntarily leaves a company to take another job.
New Delhi [India], Feb 6 ( ANI ): Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on Tuesday called for better treatment to salaried employees, hailing them to be the "best taxpayers" in the country.