Pay: Difference between revisions

From Open Risk Manual
(Created page with "== Definition == '''Pay'''. Gross hourly earnings, which are the wages and salaries earned by full-time and part-time employees, per hour paid, before any tax and social secur...")
 
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Latest revision as of 16:26, 11 May 2023

Definition

Pay. Gross hourly earnings, which are the wages and salaries earned by full-time and part-time employees, per hour paid, before any tax and social security contributions are deducted. Wages and salaries include any overtime pay, shift premiums, allowances, bonuses, and commissions.