How Should salaries be determined?
The salary range is determined by market pay rates, established through market pay studies, for people doing similar work in similar industries in the same region of the country. The salary range for executive-level positions is normally the largest. The salary range for lower-level positions is normally the narrowest.
How much do people in information systems make?
The median annual wage for computer and information systems managers was $151,150 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $90,430, and the highest 10 percent earned more than $208,000.
Who pays your salary?
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.
Is it OK to share salary on Glassdoor?
In general, no. For the most part, it is legal to post your opinion about your company, your workplace environment, and your senior management on social media.
What is salaries payable?
Salaries payable. Salaries payable is a liability account that contains the amounts of any salaries owed to employees, which have not yet been paid to them.
Why is the amount of salaries payable on my balance sheet large?
The balance in the account increases with a credit and decreases with a debit. The amount of salaries payable can be particularly large under any of the following circumstances: There is a large gap between the pay-through date of salaries paid and the end of the reporting period; or.
What does it mean when a company has large salaried employees?
The amount of salaries paid to any individuals in the company (such as the CEO) are quite large; or The company is comprised largely of salaried personnel, as is frequently the case in a professional services business, such as a consulting firm.