(Chicago) Next week Devonia Madison will lose her job. She makes $17 an hour and is the head of her household. The CTA is eliminating some 600 positions. CBS 2`s Vince Gerasole reports. .
(Miami) He helped save a woman from a would-be carjacker. A couple of hours later, he was fired from his job because of what he did.
(Philadelphia) CBS 3 Reporter Susan Barnett attended a job fair that was held at the Wachovia Center in South Philadelphia on Tuesday.
Salary
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A salary is a form of periodic payment from an employer to an employee, which is specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.
From the point of a view of running a business, salary can also be viewed as the cost of acquiring human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts.