What is salary

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Salary (or wages, ЗП) is the amount that an employer pays an employee as compensation for work. The salary is the main and mandatory fixed part of the salary, which a person receives during the month.

In addition to the salary, the salary may also include other payments that are determined by the agreement between the employee and the company. These may include compensation for overtime, bonuses, as well as additional payments for night shifts and special working conditions. For example, for work in enterprises with hazardous conditions or in the regions of philippines telegram data the Far North.

The salary amount depends on the employee's level of professionalism, volume and quality of work. It is also influenced by working conditions and the region where the company operates.

The employer has the right to independently set the salary amount for each employee. But it is important to take into account several restrictions:

It is not possible to set a salary lower than the minimum wage. This is the amount that must be paid to a person if they have worked a full month. Since the beginning of 2024, the minimum wage is 19,242 ₽ . Regions can set an additional increasing coefficient to it.