BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.

Detailed explanation-2: -In literal terms, Gross Salary is the monthly or yearly salary before any deductions are made from it. OR. A gross salary is a gratuity and EPF (employee provident fund) subtracted from the cost to the company.

Detailed explanation-3: -Salary is the regular payment made by an employer to his or her employees in exchange for the work performed by them. It is paid at fixed intervals, generally on a monthly basis, and often expressed as an annual sum.

Detailed explanation-4: -What is an annual base salary? Your annual base salary is the minimum amount of money you’ll be paid for the work you do. This is fixed income that you’ll usually receive through regular paychecks throughout the year.