Annual Salary
noun
The salary you get each year is an annual salary.
ねんぽう
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own. Watch out because ほう becomes ぽう here.
この選手は、破格の年俸をオファーされましたが、それを蹴ってチームに留まりました。
This player was offered an extraordinary annual salary, but he rejected it and stayed with his team.