paga
1 (sueldo) (semanal) wages
plural
; (p) (mensual) salary; [de jubilado, viuda] pension; [de niño] pocket money 14 pagas al año 14 yearly payments
día de paga payday
paga de Navidad Christmas bonus equivalent to a month's salary; (equivalent to a month's salary)
paga extra paga extraordinaria salary bonus usually paid in July and December; (usually paid in July and December)
Most long-term and permanent employment contracts in Spain stipulate that annual salary will be paid in 14 instalments. This means that most Spanish workers receive twice the normal monthly wage in June and December. These extra payments are generally known as paga extraordinaria or paga extra.