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What is the Difference between salary and wage?
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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.
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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.
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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.
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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)
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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.
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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.
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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.
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Answer / sahil khan
SALARY IS A INDERECT EXPENSES WHILE WAGES IS A DIRECT
EXPENSES.
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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.
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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 |
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