Education and Career Forum

I need brief explanation or short notes on the meaning of consilidated salary. Or any short article related to consilidated salary

The monthly fixed compensation that does not follow any pay schedule is referred to as the "consolidated salary."
Consolidated salaries are fixed salaries that are paid regardless of performance standards, achievements met, or other factors. They are the amount you receive without any bonuses or other benefits.

"Consolidated salary" refers to the fixed monthly compensation that does not conform to any payment schedule.
Consolidated salaries are fixed salaries that are given without respect to performance goals, accolades received, or other considerations. They represent your base pay, exclusive of any bonuses or other perks.

Consolidated salary is the fixed lump sum amount of salary that is paid at the end of every month to the employee. There is no provision for additional allowance like washing allowance, conveyance allowance, canteen allowance etc. in case of consolidated salary.
Generally the consolidated salary is paid to internship candidate or some places it is applicable for fixed term contract basis employees.