The average nonsupervisory worker earned $36,875 in 2015. The average CEO, on the other hand, made $12.4 million in total compensation, according to the AFL-CIO's analysis of data from the Bureau of Labor Statistics, along with proxy statement data from 424 of the 500 companies in the S&P 500 Index.
Stipends. A stipend is a regular payment of money to an individual by the terms of a contract. Other benefits, such as food and housing, often accompany a stipend. Those earning a stipend aren't necessarily employees -- they may be agents, freelancers, interns or independent contractors. College students on scholarship, for example, may receive a stipend to defray living expenses on campus. Once the terms of the contract or agreement are fulfilled, the stipend comes to an end.
GRATUITY is the money a person (employee) may receive in gratitude for his/her service. Gratuity is a one-time payment. PENSION is a periodic payment that is paid to an employee after retirement. a GRATUITY is the same as a TIP, given to a restaurant server, cab driver, or hairdresser.