SALARY

[noun] [C] - a fixed amount of money agreed every year as pay for an employee, part of which, that is left once tax has been paid, is usually paid directly into his or her bank account every monthShe has an annual salary of £20 000 gross.His net monthly salary is £1500.She earns/gets/is on quite a good/high/decent salary in her present job.The boss put up/raised everyone's salary by $4 000 last year, because profits were good.He took a drop in (= accepted a lower) salary in order to help the firm.The report is certain to fuel the storm over the huge salary increase awarded to the chairman.Top salary earners (= People with high salaries) will in future face a much heftier tax bill.She negotiated a salary (UK) rise/(US) raise with her employer.Compare wage (MONEY).