HR tech

Gross pay refers to the total earnings an employee receives before taxes and deductions.

A salary period refers to the time frame in which an employee is paid.

Salary is calculated by adding base pay, bonuses, and other forms of compensation.

Monthly compensation includes salary, bonuses, and other benefits provided by the employer.

Monthly pay refers to the regular salary provided to employees on a monthly basis.

Basic salary refers to the core wage paid to an employee before any bonuses or benefits.

A compensatory fee is used to account for employee compensation and ensure fair wages.

Companies pay compensation to motivate employees and ensure they are rewarded for their contributions.

Compensation costs are calculated by adding wages, benefits, and taxes for each employee.

Compensation is a legal term used in employment law to describe the wages and benefits provided to employees.