FOURTEENTH SALARY
(noun)Definitions
There is 1 meaning of the phrase
Fourteenth Salary.
Fourteenth Salary - as a noun
An extra month's salary, in addition to a thirteenth salary, paid to employees according to different terms of law or contract of employment; mostly, it is equivalent to one full monthly salary.
Example: "Some institutions practice adding a fourteenth salary, fifteenth salary and successive bonuses for higher pay grades."
Example Sentences
"The company offers a fourteenth salary to all its employees as a year-end bonus."
"Receiving a fourteenth salary is a common practice in some industries."
"I'm looking forward to getting my fourteenth salary so I can go on vacation."
"The amount of the fourteenth salary depends on the employee's performance throughout the year."
"Many employees rely on their fourteenth salary to cover holiday expenses."