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.
Scholarship Stipend Payments. A scholarship is generally an amount paid or allowed to, or for the benefit of, a student at an educational institution to aid in the pursuit of studies. See IRS Publication 970. Individuals receiving scholarship stipends are not employees of the University. Scholarship Stipends are typically paid on a quarterly basis at the beginning of each academic quarter. Scholarship stipends are not subject to withholding of income taxes, Social Security, or Medicare.