👉 Stipendiate is a type of salary or wage that is paid to employees for their services. It is typically earned as a portion of their salary and is intended to provide financial support to employees who are unable to earn sufficient wages due to various reasons such as illness, disability, or other personal circumstances. The stipend is usually provided in the form of a lump sum payment, which can be paid out over multiple years. It is often used by companies to attract and retain top talent and is
