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What is the difference between salary and wages?

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Question ajoutée par Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation
Date de publication: 2016/03/02
Ghada El Kurd
par Ghada El Kurd , Empowerment Coach - Certified Professional Coach , Independant

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.

mudassar sharief
par mudassar sharief , Senior process associate , ADP India Pvt. Ltd

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

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

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

Shazia Anees
par Shazia Anees , Assistant Manager Finance , Arham Trading Company

wages relate to direct labor while salary relates to indirect workers.

Saeed Ahmed Awan
par Saeed Ahmed Awan , Chief Accountant , TGP International DMCC

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.

QASIM KHAN
par QASIM KHAN , Admin & Finance Assistant , English Ville Academy

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..

 

Muhammad Aashif
par Muhammad Aashif , Accounts Officer/Senior Accountant , LC Trading Company

Wages are associated with Hourly working compensation are paid to employees,

While Salary is based on annual or monthly basis so for.

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

wait more details from experts on this field

 

khaled al eqoul
par khaled al eqoul , team leader & acting section manager , abu dhabi education council

salary paid monthly to permanent employee. wages paid to temporary employee

SYED TAUSIF
par SYED TAUSIF , CASH OFFICER / SUPPORT , HBL

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.

 

Sathyanarayanan Koothur Veettil
par Sathyanarayanan Koothur Veettil , HR Officer , Alseef for Tourism Projects

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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