Dear all i have to know Difference between salary and wages. plz help me out R,s Anish sharma
From India, Bangalore
12From India, Bangalore
Anish,
as per my knowledge
Salary: which we fix for the month (that is for the Staff employees like supervisor and above..
Wages: which are pay on daily basis or on piece rate ( that is for the contract labour and other labours)
This is as per knowledge
From India, Mumbai
as per my knowledge
Salary: which we fix for the month (that is for the Staff employees like supervisor and above..
Wages: which are pay on daily basis or on piece rate ( that is for the contract labour and other labours)
This is as per knowledge
From India, Mumbai
Salary VS Wages
Salary
1)Salary is paid to white collar employees generally on monthly basis.
2)Salary is remuneration against the mental exhortion
3)Salary includes basic + da+ hra +conveyance + other perks & benfits
Wages :
(1) Wages is paid either weekly/fortnightly/monthly basis.
2)Wages is basically remuneration against physical exhortion
3) Wage is paid to blue collar workers
4) wages necessarily includes basic +da/vda/special allow+hra(5% hra as per MHRA Act)
From India, Rohtak
Salary
1)Salary is paid to white collar employees generally on monthly basis.
2)Salary is remuneration against the mental exhortion
3)Salary includes basic + da+ hra +conveyance + other perks & benfits
Wages :
(1) Wages is paid either weekly/fortnightly/monthly basis.
2)Wages is basically remuneration against physical exhortion
3) Wage is paid to blue collar workers
4) wages necessarily includes basic +da/vda/special allow+hra(5% hra as per MHRA Act)
From India, Rohtak
hi anish SALARY : means which is receiving by office staff on monthly basis WAGES: means who is receiving remuneration on daily basis and hourly basis
From India, Madras
From India, Madras
Hi,
A wage is based on hours worked. Employees who receive a wage are often called "non-exempt." A salary is an amount paid for a particular job, regardless of hours worked, and these employees are called "exempt."
The difference between the two is carefully defined by the type of position and the kinds of tasks that employees perform. In general, exempt employees include executives, administrative and professional employees, and others . These groups are not covered by minimum wage provisions. Non-exempt employees are covered by minimum wage as well as other provisions.
Regards,
Sweta
From India, Hyderabad
A wage is based on hours worked. Employees who receive a wage are often called "non-exempt." A salary is an amount paid for a particular job, regardless of hours worked, and these employees are called "exempt."
The difference between the two is carefully defined by the type of position and the kinds of tasks that employees perform. In general, exempt employees include executives, administrative and professional employees, and others . These groups are not covered by minimum wage provisions. Non-exempt employees are covered by minimum wage as well as other provisions.
Regards,
Sweta
From India, Hyderabad
Hi, Salary is a fixed periodical payment paid to a person for regular work or services, whereas a wage is usually paid by the day or week for work or services which are of a more irregular nature
From India, Madras
From India, Madras
Avinash and Swethareddy gave the best answer to this question. 'Tis good to know that our HR Circle has brilliant minds who never hesitate to share what they know. GOD Bless all of you!!!
From United Arab Emirates, Abu Dhabi
From United Arab Emirates, Abu Dhabi
Naresh has hit the nail on its head. His definition is very apt and succint.
Actualy there is no difference... salary implies White Collared employees whereas Wages are attributed to the workers or the Blue Collar employees.
Cheers!!!
Vasant Nair
From India, Mumbai
Actualy there is no difference... salary implies White Collared employees whereas Wages are attributed to the workers or the Blue Collar employees.
Cheers!!!
Vasant Nair
From India, Mumbai
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Salary-Note.doc
SALARY SHEET CALCULATION.xls