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Salary is usually what you get paid at the end of the month, regardless of your working more or fewer hours.
You get paid a certain amount per hour of work, your hourly rate multiplied by the total number of hours worked, are your wages.
Salary is fixed amount which is paid to the Emp at every end of the period end date or payslip date
Wages is not fixed it will depend upon the working pattern and standard hrs
Wages: - the contrast material, which is calculated according to the number of actual working hours, that is, it may vary from week to week depending on the number of hours of actual (and Itq by contrast, which pays for the owners of blue collar)
Salary: - the contrast material that pushes on certain periods of time
wages relate to direct labor while salary relates to indirect workers.
Since the salary is the same amount for each pay period for white collar worker, likely remain same. Generally, the hourly-paid employees blue collar will earn wages.
salary is fixed amount which receive by individual by the end of the month, it does not depend on working hour. while wages are given on the basis of working hour, you will get more if your work more and vice versa..
Wages are associated with Hourly working compensation are paid to employees,
While Salary is based on annual or monthly basis so for.
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salary paid monthly to permanent employee. wages paid to temporary employee
Wages is best associated with employee compensation based on the number of hours worked multiplied by an hourly rate of pay. For example, an employee working in an assembly plant might work 40 hours during the work week. If the person's hourly rate of pay is $15, the employee will receive a paycheck showing gross wages of $600 (40 x $15). If the employee had worked only 30 hours during that week, her or his paycheck will show gross wages of $450 (30 x $15). Because the paycheck needs to be computed based on the actual hours worked, the employee earning wages will likely receive her or his paycheck five days after the work period.Salary is best associated with employee compensation quoted on an annual basis. For example, the manager of the assembly plan might earn a salary of $120,000 per year. If the salaried manager is paid semi-monthly (perhaps on the 15th and last day of each month), her or his paycheck will show gross salary of $5,000 for the half-month. Since the salary is the same amount for each pay period, the salaried employee's paycheck will likely cover the work period through the date of the paycheck. Generally, the hourly-paid employees will earn wages at the rate of time and one-half for the hours in excess of 40 per week. The salaried employees in high pay positions are not likely to receive additional pay for the hours in excess of 40 per week. However, employees with low salaries are entitled to overtime pay.
A fixed pay that an individual draws monthly or annual basis. - Salary
A variable pay that an individual draws on the basis of hours completing the certain amount of work. - Wages
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