A salary is a fixed amount of money paid to an employee for his work contribution. Regardless of how many hours were worked, the salary amount remains the same. More » Business & Finance Careers Salaries

A base salary is the minimum compensation that an employee or contractor will receive for expected work over the year. On top of the base salary, an employee can negotiate bonuses for performance or extra work completed ... More » Business & Finance Business Resources

Negotiate a salary by researching the average range, waiting to discuss salary and presenting your proposed salary to the hiring manager. When negotiating the salary, ask the manager other questions such as details about... More » Business & Finance Careers Salaries
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Severance pay is a specified amount of money that an employer pays an employee who is no longer in their current position. Reasons for severance pay include layoffs, elimination of a position or a mutual agreement to par... More » Business & Finance Careers Salaries

A prorated salary is a payment made to an employee for a portion of hours worked instead of their normal salary for a completed work week. A prorated salary is based on the employee's contracted amount of pay for the ful... More » Business & Finance Careers Salaries

To negotiate a pay raise as an employee, you must first determine your worth based on your contribution to the company. To determine your value to the company, consider your job duties, level of responsibility and profes... More » Business & Finance Careers Salaries

According to the Washington Post, the average salary for a Blackwater employee in 2004 was $600 per day. In comparison, General Petraeus made $493 per day as the top U.S. military commander in Iraq. More » Business & Finance Careers Salaries