Michael A. Ross was born in 1956 as Michael Alan Ross. He is a producer and writer, known for Rules of Engagement (2007), Better Off Ted (2009) and Kirk (1995). He has been married to Markie Post since February 7, 1982. They have two children. See full bio Â».
Your annual salary is the amount that you will get paid in a year assuming you work the entire year at that salary. For example, if you are paid semi-monthly (such as US military pay, 1st and 15th of each month), and your annual salary is $24,000, your gross paycheck (before taxes) will be $2,000.
An annualized salary is useful for employees who do not work the full year, such as teachers, and for employees who work part of each year on a salaried basis. Annualization is the process of spreading the payments to the employee out over the entire year, though the salary is only earned for part of the year.hen you pay employees, it helps to know what the cost is to you on an annualized, or yearly, basis. This figure is important for figuring your profits and for calculating your taxes. However, the terms annual and annualized have specific meanings in employment law, as do the terms earnings and salary..