Salary vs Premium - What's the difference?
salary | premium |
A fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy.
* Shakespeare
* 1668 July 3rd, , “Thomas Rue contra'' Andrew Hou?toun” in ''The Deci?ions of the Lords of Council & Se??ion I (Edinburgh, 1683),
To pay on the basis of a period of a week or longer, especially to convert from another form of compensation.
Superior in quality; higher in price or value.
A prize or award.
Something offered at a reduced price as an inducement to buy something else.
A bonus paid in addition to normal payments.
The amount to be paid for an insurance policy.
An unusually high value.
(finance) The amount by which a security's value exceeds its face value.
As nouns the difference between salary and premium
is that salary is a fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages implies a degree of professionalism and/or autonomy while premium is bonus (extra amount of money given as a premium).As a verb salary
is to pay on the basis of a period of a week or longer, especially to convert from another form of compensation.As an adjective salary
is (obsolete) saline.salary
English
Alternative forms
* (l) (obsolete)Noun
(salaries)- This is hire and salary , not revenge.
page 547
- Andrew Hou?toun'' and ''Adam Mu?het'', being Tack?men of the Excize, did Imploy ''Thomas Rue'' to be their Collector, and gave him a Sallary of 30. pound ''Sterling for a year.