Employee salary refers to the compensation that an organization pays to its employees for their work. This payment can be structured as an hourly wage or a fixed annual amount, depending on the job role and company policies. Salaries are typically determined by factors such as experience, education, and industry standards. In addition to the base salary, employees may receive benefits such as bonuses, health insurance, and retirement contributions. These additional forms of compensation can enhance the overall value of an employee's remuneration package, making it an important aspect of job satisfaction and retention within the workplace.