Definition, Meaning & Synonyms
monthly-salary
noun
/ˈmʌnθli ˈsæləri/
Definition
The fixed amount of money an employee earns each month for their work.
Examples
- Many professionals receive a monthly salary that provides financial stability.
- Employees often prefer a monthly salary over hourly wages for easier budgeting.
- The company’s monthly salary structure is competitive within the industry.
Meaning
A monthly salary is the compensation that an individual receives from their employer on a regular monthly basis, typically for full-time employment.
Synonyms
- monthly pay
- fixed income
- regular salary
- compensation
