Popular Terms. Government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the political environment to gauge how government actions will affect their company.
Salary payments. An annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts. An employer and employee can agree that an annual salary covers entitlements like: 1  minimum weekly wages. 2  penalties. 3  overtime. 4  allowances. 5  annual leave loading.n annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts.
What Does Annual Salary Mean? An annual salary is the monetary compensation that an employee receives in exchange for working for a year or a period of time roughly equivalent to a year. Salaries are denominated in the local currency and do not include side benefits.