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Rating Newest Oldest. Best Answer: Salary can mean monthly or annual pay. It also means that you are paid a set amount, for example $50,000 a year, to work regardless of how many hours you work a week.t means yearly. say that salary is negotiable or do some research on the job and see how much you should be getting paid. there are salary calculators that can tell you how much the average entry-level person or an experienced person gets. Niecy Â· 9 years ago.
From an employer perspective, the salary range is the amount of compensation paid for a specific position. For example, if the starting pay for a job is $20,000 and the maximum salary for the position, after merit increases and tenure on the job, is $30,000, the salary range for the job is $20,000 - $30,000. salary range includes a low, mid-point and maximum salary. For example: 1  $30,000 (bottom of range). 2  $35,000 (median). 3  $40,000 (maximum). 4  Range: $30,000 - $40,000.