Salaried employees are typically paid by a regular, bi-weekly, or monthly paycheck.
Allowing the employer to provide you an offer gives you the power to counteroffer.
When a business requires a new position they must decide if the position will be salaried or based on hourly wages.
It is the salary comprised of income tax, EPF and, Medical insurance, etc.
This helps them better understand how much they should budget for your compensation.
Difference Between Gross Salary vs Net Salary Salary is a fixed amount paid by the employer to their employees in exchange for their services.