Is there really any difference between Salary & Wage ?

Yes, of course there is

A wage is better because you get paid for how many hours you work, while, with a salary, you get a set amount of payment. An example of a job that gets a salary is a teacher. It doesn't matter how much homework they grade over weekends and vacations, they get the same amount of money.  Answer What a "Salary" looks like: $45,000 per year What a "Wage" looks like: $16.50 per hour So basically, a Salary tells you how much you'll earn either in a month or a year. While a wage tells you how much you'll earn in an hour (and a Day, too? Not sure on this).  Answer in my view wages is paid to the labor directly involved in production either receives money hourly, monthly, or weekly. while salary is paid to the worker or staff related to administration and selling. wages becomes part of the product cost, while the salary treated as selling and administrative expense.  Answer wages are what you get paid hourly for instance if you get paid like $6.00 per hour then if you work more then40 hours in one week then you are entitled to overtime which is time and a half so after40 hours you would then be making $9.00 per hour. salary is when you get40 hours a week80 hours every two weeks and even if you worked112 hours you would only get paid for the80 and vise versa if you only worked60 hours you would still get paid for80. so in this case you may get like $24,000 a year right so your employer would take this amount and divide it by26 pay periods in a year and then by80 hours in a pay period and this is your pay per hour. If you are given the choose between the two and you know that the job is very time consuming then it is more wiser to take an hourly pay then a salary pay. You will make up for everything with the Over time hours put in. Good Luck and Have Fun...Enjoy Life  Answer Salary is paid to "exempt" employees. These are people who do not have to account for the hours they put into the job; rather they are paid to get the job done. They still have to account for holidays, sick days and vacation days, just not the individual hours. Often they get bonuses or other incentives since these jobs are largely management, sales or project related. Wages are paid to "non-exempt" or "hourly" employees. These people account for their time on a time card or other record keeping system. Depending on the company, they may earn overtime for extra hours, or be expected to take time off to offset any late hours within the same time period.

A wage is better because you get paid for how many hours you work, while, with a salary, you get a set amount of payment. An example of a job that gets a salary is a teacher. It doesn't matter how much homework they grade over weekends and vacations, they get the same amount of money.  Answer What a "Salary" looks like: $45,000 per year What a "Wage" looks like: $16.50 per hour So basically, a Salary tells you how much you'll earn either in a month or a year. While a wage tells you how much you'll earn in an hour (and a Day, too? Not sure on this).  Answer in my view wages is paid to the labor directly involved in production either receives money hourly, monthly, or weekly. while salary is paid to the worker or staff related to administration and selling. wages becomes part of the product cost, while the salary treated as selling and administrative expense.  Answer wages are what you get paid hourly for instance if you get paid like $6.00 per hour then if you work more then40 hours in one week then you are entitled to overtime which is time and a half so after40 hours you would then be making $9.00 per hour. salary is when you get40 hours a week80 hours every two weeks and even if you worked112 hours you would only get paid for the80 and vise versa if you only worked60 hours you would still get paid for80. so in this case you may get like $24,000 a year right so your employer would take this amount and divide it by26 pay periods in a year and then by80 hours in a pay period and this is your pay per hour. If you are given the choose between the two and you know that the job is very time consuming then it is more wiser to take an hourly pay then a salary pay. You will make up for everything with the Over time hours put in. Good Luck and Have Fun...Enjoy Life  Answer Salary is paid to "exempt" employees. These are people who do not have to account for the hours they put into the job; rather they are paid to get the job done. They still have to account for holidays, sick days and vacation days, just not the individual hours. Often they get bonuses or other incentives since these jobs are largely management, sales or project related. Wages are paid to "non-exempt" or "hourly" employees. These people account for their time on a time card or other record keeping system. Depending on the company, they may earn overtime for extra hours, or be expected to take time off to offset any late hours within the same time period