Answer:
salary
Explanation:
Salary is monetary compensation given to employees for work done at the end of a regular period. It is the periodic payment from employers to employees for services provided as per the employment contract. Salary is usually a fixed amount paid either weekly, biweekly, or monthly.
A salary is pegged to the passage of a specified duration of time. The employee receives the stated amount regardless of the level of productivity. Salary is in contrast to piece-rate wages, where an employee is compensated depending on their output.
