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 ?
However, it is important to remember that non-exempt salaried employees must still be paid at least minimum wage and for any overtime worked.
The FLSA allows for another method of computing overtime for nonexempt salaried employees who work a fluctuating amount of overtime.
increased Boyle's salary beyond his "most sanguine expectations." Declaring his raise to $900 annually "without precedent in the House," Boyle began to engage in a little speculation about his future, this time not as a youthful enthusiast bent upon working his way into a business of his own, but rather as a man determined to rise through the ranks as a salaried employee. Boyle recognized he no longer "read and studied half enough," but he rationalized the deficiency by noting that his increased salary had also increased his responsibilities.
SAPs have not only been ineffective in reducing urban poverty, but evidence from across the continent suggests that the policies have led to increases in urban poverty among the unemployed as well as those with fixed incomes such as salaried employees (Gilbert 1994; Riddell 1997; Kaseke 1998).
Plan Sponsor magazine has selected the FCA US LLC Salaried Employee Savings 401(k) Plan as a winner of its annual 'Best-in-Class' Award.
Gross Income of Households Headed by a Salaried Employee, 2000-2016 In NIS at 2016 prices Decile Previous classification New classification 2000 2011 2012 2016 1 4,102 4,204 4,259 4,898 2 6,599 6,512 7,042 7,862 3 8,479 8,371 9,167 10,406 4 10,357 10,376 11,207 13,107 5 12,370 12,632 13,463 15,712 6 14,722 15,183 16,110 18,819 7 17,776 18,172 19,332 22,605 8 21,997 22,351 23,814 27,440 9 28,573 28,403 31,007 35,345 10 48,650 46,707 53,469 58,846 Decile Percentage change 2011-2000 2012-2016 1 2.5% 15.0% 2 -1.3% 11.6% 3 -1.3% 13.5% 4 0.2% 17.0% 5 2.1% 16.7% 6 3.1% 16.8% 7 2.2% 16.9% 8 1.6% 15.2% 9 -0.6% 14.0% 10 -4.0% 10.1% Source: Adva Center analysis of CBS, Income Surveys, various years; Household Income and Expenditures Survey, various years.
tinder New Hampshire law, a salaried employee is entitled to be paid for the entire pay period if the employee works any time during the pay period, with very limited exceptions.
So assuming John is a nonexempt, salaried employee, how do you calculate overtime?
"We discovered salaried employees were working as consultants for other companies.
Traditionally, public employees were divided into a strict hierarchy of three groups with widely differing social and legal status: manual workers (Arbeiter), salaried employees (Angestellte), and civil servants (Beamte).
Average hourly wages will drop $2.89 to about $16.81, while salaried employees will take a 14.5-per-cent cut in pay.
Now John says that, as a salaried employee, he should have been paid for the full pay period (two weeks), instead of just through his last day on the job.