Give back & Do Good with our Do Good Dayton Checking Account ! Itâs a free checking account where we pay you $50 to Pay it Forward. Plus weâll put $20 in our Do Good Dayton Fund to reach our goal of donating $5,000 to the Dayton FoodBank. Learn more about this great account and cause.
Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. general rule for comparing periodic salaries to hourly wages is based on a standard 40 hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week.
By Alison Doyle. An employee who is paid on a salary basis is paid a flat amount (i.e. $50,000 a year) rather than an hourly wage. Many salaried employees are exempt from overtime pay requirements.Salaried employees are paid their salary regardless of how many hours they work during a workweek.This means that many high paying positions do not receive extra wages such as time and one-half for working over 40 hours a week.n employee who is paid on a salary basis is paid a flat amount (i.e. $50,000 a year) rather than an hourly wage.