Munich is one of the most prosperous and fastest growing cities in Germany, and the seat of numerous corporations and insurance companies. It is a top-ranked destination for migration and expatriate location, despite being the municipality with the highest density of population (4,500 inh. per kmÂ²) in Germany.
Definition. According to the U.S. Department of Labor, when an employee is paid on a salary basis, this means essentially that she receives regular pay on a regular basis, and that this amount doesn't fluctuate in regard to the quality or quantity of work actually performed.or example, you may not be permitted to dock a salaried employee's pay for partial days of absence. You have the freedom to create your own policy for sick pay, so that, although your employees enjoy a certain level of financial security, they can't take advantage of you.
uk â us â US usually base salary. âº HR the amount of money that someone earns every year in their job, not including any extra payments they may receive: earn/be on/get a basic salary of She earns a basic salary of Â£450K per annum. On top of his basic salary, the CEO could also receive share benefits. a modest increase in basic salary. pay a basic salary For the right person, we are willing to pay a basic salary of $200,000, plus bonus. (Definition of âbasic salaryâ from the Cambridge Business English Dictionary Â© Cambridge University Press)