salary

(redirected from Gross pay)
Also found in: Dictionary, Thesaurus, Financial.
Related to Gross pay: ADP
See: commission, compensate, compensation, earnings, fee, honorarium, income, pay, payment, payroll, recompense, remittance, remunerate, revenue, wage

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 ?
The increase in the basic itself would take his gross pay to nearly Rs 3.
11, with gross pay of $176,830, including $70,625 in paid detail wages and $24,368 in overtime.
If the Employment Tribunal accepts that there was, it will award compensatory awards, reflecting the actual and likely future losses suffered by the claimants, capped at 72,300[pounds sterling] per claimant, and protective awards of up to 90 days' gross pay per claimant.
A 10' section of the upper most sand at 10,300' measured depth was perforated, this sand has gross pay of 20' and correlates to the 9,700' sand in the Kenai Loop # 1 well and the AOFP was calculated as 9.
The continued squeeze on disposable income came despite the fact that average earnings growth picked up during the previous month to stand at its highest level since June 2009, and gross pay was 2.
The 20/2a-9 appraisal well, which is in UK licence P317, encountered 389 ft of gross pay and 90 ft of net pay.
Basically, HMRC maintains some firms have been pulling a fast one, allowing employees to purchase meals out of gross pay, and hence obtain a significant tax and National Insurance advantage over those who have to buy their meals using their net pay, from which tax and NICs have already been deducted.
He also announced that the manager and his deputy are being rewarded with two months' gross pay while other staffs get one month gross pay as appreciation for their demanding service.
Well log analysis continues to indicate around 20-30 metres of gross pay in each well.
3 OPTIONS CHART 1 Current Single Bonus Single Bonus Paycheck Paycheck Gross pay $8,000 $9,000 Tax withholdings -2,800 -3,150 Withholding to cover premium -1,000 Net pay $5,200 $4,850 CHART 2: Current Double Bonus Double Bonus Paycheck Paycheck Gross pay $8,000 $9,538 Tax withholdings -2,800 -3,338 Withholding to cover premium -1,000 Net pay $5,200 $5,200 CHART 3: Current Budget Bonus Budget Bonus Paycheck Paycheck Gross pay $8,000 $9,000 Tax withholdings -2,800 -3,150 Withholding to cover premium -650 Net pay $5,200 $5,200
This 3-ring binder provides guidelines for efficient processing of 2005 form W-2, managing payroll and HR data, withholding taxes and non-tax deductions from gross pay, hiring workers as non-employees, and complying with wage-hour laws.
Fifteen of the 17 firefighters earned more in overtime pay than their base salaries, and two made more than $175,000 in OT that bumped their gross pay to more than $268,000 - about $5,000 more than their boss, Chief William Bamattre.