For questions about fixed monetary compensation, distinct from hourly wages, piece wages, bonuses, and non-cash compensation.
Salary is fixed cash compensation paid to an employee in exchange for work, and is frequently the largest component of total compensation. It is a distinct and separate form of compensation from wages, bonuses, equity, and benefits.
The salary offered by an employer, or demanded by an employee, is affected by a number of contributing considerations:
- Other forms of compensation offered or demanded in addition to salary
- Availability of individuals capable and willing to perform the needed work
- Quantity of employers seeking individuals for similar work
- Any risks, hardships, or safety concerns associated with completing the work
- Reputation of the employer and employee
- Policies of the employer
- Local regulations
Issues relevant to salary
Almost all employers, and many employees, will encounter questions about salary compensation. Relevant discussions on The Workplace include:
- Negotiating an initial salary, either as employer or employee, for a new job
- Negotiating, or making the decision to negotiate, increases to salary at a current job
- Comparing alternatives to salary compensation
- Discussing programs or policies that seek to make salaries transparent or secret within an organization
- Understanding and discussing employer policies that seek to level salaries across the organization
You should consider using a different tag if your question is about:
- Bonuses (use bonus)
- Equity compensation (use equity)
- Benefits like health insurance or paid vacation (use benefits)
- Other forms of compensation like hourly wages or piece wages (use compensation)
Related tags
compensation benefits bonus equity leave vacation
Outside resources
- U.S. Bureau of Labor Statistics - The BLS makes detailed employment information, including salary statistics, available online
- Glassdoor, Indeed, LinkedIn Salary - These online tools allow you to look up and compare salary information of many companies