New managerial jobs lent themselves to salaried employment, in part because the effort and output of "office work" were hard to measure hourly or piecewise, and in part because they did not necessarily draw remuneration from share ownership.Tags: Case Study Schizophrenia PatientsPractice College Admission EssayCitation In EssaysFinance Research ThesisMath Homework For KindergartenAp Language And Composition Argument Essay Rubric
The date of disbursement of the salary is usually determined by the company and in some cases in conjunction with the recognized Workers Union.
The Botswana Employment Act Cap Chapter VII regulates the aspect of protection of wages in the contracts of employment.
Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.
By the time of the Hebrew Book of Ezra (550 to 450 BC), salt from a person was synonymous with drawing sustenance, taking pay, or being in that person's service.
At that time, salt production was strictly controlled by the monarchy or ruling elite.Other common alternative models of work included self- or co-operative employment, as with masters in artisan guilds, who often had salaried assistants, or corporate work and ownership, as with medieval universities and monasteries.Even many of the jobs initially created by the Commercial Revolution in the years from 1520 to 1650 and later during Industrialisation in the 18th and 19th centuries would not have been salaried, but, to the extent they were paid as employees, probably paid an hourly or daily wage or paid per unit produced (also called piece work).Salary is also affected by the number of people available to perform the specific job in the employer's employment locale.While there is no first pay stub for the first work-for-pay exchange, the first salaried work would have required a society advanced enough to have a barter system which allowed for the even exchange of goods or services between tradesmen.From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense.In accounting, salaries are recorded on payroll accounts.Within the Roman Empire or (later) medieval and pre-industrial Europe and its mercantile colonies, salaried employment appears to have been relatively rare and mostly limited to servants and higher status roles, especially in government service.Such roles were largely remunerated by the provision of lodging, food, and livery clothes (i.e., "food, clothing, and shelter" in modern idiom).A cuneiform inscribed clay tablet dated about 3100 BC provides a record of the daily beer rations for workers in Mesopotamia.The beer is represented by an upright jar with a pointed base.