What is the Difference between salary and wage?
Answers were Sorted based on User's Feedback
Answer / ashutosh ranjan
Wages are nothing but hourly or daily rates paid to groups as production and maintenance employees.On the other hand salary refers to weekly or monthly rates paid to clerical, administrative and professional employees.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vivek gusani
hi friend
i am vivek gusani
the main deference between salary & wages is that
salary includes types of allowances and perquisites which
consists type of deduction at the time of filing return and
salary is paid to those person who are mentally engged in
the organization.
whereas wages mean a monetary return to the worker who are
engged in the organization for physical work.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mvarma
Pay against work on regular basis is salary that is paid
weekly or monthly subject to other monitary benefits (like
DA/TA or else) and pay on work basis or casual is said to be
"wage", may be with facilities (urinal/toilet/lunch or
uniform). See "salaried employee gets loan against salary
certificate. The other should produce income certificate.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / marthanda varma
Though both Salary and Wage are payment for service
rendered, salary is regular payment for the long terms
service, attached with annual benefits and service benefits
including gratuity and pension on retirement. Salaried
person is to carry out the works entrusted on him from time
to time and subject to rules of transfer and
timings.(probably unskilled)
Wage is the payment for particular type of works,
especially skilled or technical and on periodical terms and
renewable from time to time
( the usage of daily wage or monthly salary is wrong.
Salary is always on monthly and wage is always daily - may
be paid weekly or bi-weekly)
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kewal dewangan
salery:- salery it means it is the fixed amount given by the organisation with respect to duties performed by the employee in an organisation.
Wage:-wage means it is the variable amount given by the organisation according to beneficial works extra performed by the employee to increase the productivity of that organisation.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sudhansu sekhar acharya
Salary is related to Mental Work based on a long duration and which contains some other benefits along basic + HRA+ PF....where as wage is related to Physical work based on Tile & duration.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / abhay kumar singh
Salary is monthly rewards what employees receive in exhange
to their contribution in the organization.
wages are provided for especially prodution of an interprise
which is calculated in prodution cost of product.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sahil khan
SALARY IS A INDERECT EXPENSES WHILE WAGES IS A DIRECT
EXPENSES.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deep prakash
Salary is paid to employee who is on monthly basis.
but wages is paid to the workers who is on daily basis.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deepu mahato
salary is paid monthly or yearly to the clerical and
managerial personnel who are rendering their services to
the organisation physically and mentally while wages are
paid to the lower level workers(unskilled)
hourly,weekly,fortnightly whose services are directly
related to the production of the organisation and who give
their physical efforts only to the organisation.
Deepak.K
Is This Answer Correct ? | 6 Yes | 7 No |
all questions and answer related to recruitment job?
Please do make a reply to this question: I am bored taking interviews. Please motivate me in taking interview of yours.
why did you choose human resourse rather than marketing?
how can i apply for HR trainee post in MNC. in India?
How ethical issues can be sorted in Quality Systems
Hii friends, i am a fresher, and i am looking a career in recruitment side, i am attending so many interviews, i am very bhoring with self introduction part, where ever go there are asking self intro, i want present to my self in different way. so if you have any ideas about this please share your ideas to my mail id.. jayasris16@yahoo.in
HOW TO CONNECT DESKTOP A.D LAPTOP WITH WIRTE LESS CONNECTION?
1 Answers IBM, Macleods, Ness Technologies,
what is TDS and how it is calculated,, is veriable incentives considered for the TDS calculation....???
7 Answers HDFC, Kekran Mekran,
As jobs become more team-oriented, assessment centers will be used more often for mon-management jobs.Do you agree or disagree?
I am going to appear for interview for MSEB...Could you please letme know What could be the probable question they will ask???And how to ans why MBA in hr after BE???
what is vda full form ?
Hi Friends, other than recruitment what are the other jobs available in HR Field ?