Recent posts about Clermont, Florida on our local forum with over 2,000,000 registered users. Clermont is mentioned 4,142 times on our forum: Latest news from Clermont, FL collected exclusively by city-data.com from local newspapers, TV, and radio stations.
Instead, your annual pay is the amount of money that you actually make throughout the course of the year. If you are paid on an hourly basis and your hourly rate of pay is $10 per hour, that computes to a base rate of pay of about $20,800 per year.However, if you work a significant amount of overtime throughout the year, your annual pay might be substantially more, perhaps $25,000 per year.f you are paid on an hourly basis and your hourly rate of pay is $10 per hour, that computes to a base rate of pay of about $20,800 per year. However, if you work a significant amount of overtime throughout the year, your annual pay might be substantially more, perhaps $25,000 per year.
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.