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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.
Basic salary is what they state as being basic salary. I.e. You could have a basic salary of 15,000 Then you might get a few benefits (location allowance, lunch allowance etc) Maybe taking it up to say 15,500 Then if there's commission/bonus, then you'll also be paid that on top. Basic salary does NOT mean minimum wage.