Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
pay roll: Definition: The administration of the financial record of employees' salaries, wages, bonuses, net pay, and deductions
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an allowance is given a salary is earned
debit to payroll expense credit to accured payroll
The salary for a certified payroll professional will vary depending on the specific position. Average yearly salary starts at 34,000 dollars for a payroll specialist, but can go as high as 126,000 for a payroll director.
There is essentially no difference in the function of a wage or salary slip. Wages are general paid by the hour and a salary is pay that is not based on hours.