Oscar-winning actor Gregory Peck, star of Roman Holiday and The Man in the Gray Flannel Suit, has died, just just days after his character in To Kill a Mockingbird was voted the greatest hero in Hollywood history.
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.
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. Salary is over a years time. When a company put you on salary you do not get overtime pay.