Salary ONLY Clause Samples

The 'Salary ONLY' clause defines that an employee's compensation will consist solely of a fixed salary, with no additional forms of remuneration such as bonuses, commissions, or overtime pay. In practice, this means the employee receives a predetermined amount on a regular basis, regardless of hours worked or company performance, and is not eligible for variable pay or incentive-based earnings. This clause provides clarity for both employer and employee by setting clear expectations about compensation structure and eliminating ambiguity regarding potential extra payments.