What does the term salary explain?

1. Wages, that is, employees' salaries, are wages with time payment rules received by employees with fixed labor relations, and are paid to employees in monetary form by employers or statutory employers according to laws, industry regulations or agreements with employees.

2. Wage is the main form of labor remuneration. Not all labor remuneration is salary, for example, the remuneration for being invited to give a report is not salary.

3. In China, the following expenses borne or paid by the employer to employees are not wages: (1) social insurance premiums; (2) Labor protection fee; (3) Welfare expenses; (4) One-time compensation fee paid when the labor relationship is terminated; (five) family planning fees; (six) other expenses that do not belong to wages. In political economy, wages are essentially the value or price of labor, and wages are an important part of production costs. The legal minimum wage is called the minimum wage, and there are also various wage divisions such as pre-tax salary, after-tax salary and incentive salary.