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What is the Difference between salary and wage?
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Answer / hari
salary is the monitory benift for the managerial grade and
issued on a monthly basis(mostly). this does not indicate
the number of hours worked in specific. those employees who
are in the payroll of the company are entitled for salary.
wages are monitory and applicable for the labour workforce.
this purely is based on the number of days worked, hours of
work, quantity of workload, etc.... these employees may not
be in the payroll.....may be partime employees, contracts
etc.....
| Is This Answer Correct ? | 106 Yes | 20 No |
Answer / santhu
hi all,
I am santhosh new joinee to this site.
according to my knowledge
salary consists of HRA, DA, PF, ESI ( if GFR < 10,000/-),
prof. Dev., LTA & etc., which are paid to onroll employees
on monthly basis.
Wage - may paid on hourly/daily/weekly/monthly basis which
also consists of the piece rate system/ work assigned (
unskilled/skilled labour) and also for those who are on
contract basis. they donot contain any HRA, LTA and so on.,
regards,
santhosh.p
| Is This Answer Correct ? | 62 Yes | 20 No |
Answer / sudhakar durai
Salary will includes monetary benfits right from
basic,fda,vda,hra, types of allowances.
Wages includes basic + da ( vda/fda)
| Is This Answer Correct ? | 66 Yes | 48 No |
Answer / ranjith kumar m
Salary: the term salary id the remuneration payed to the
clerical & managerial personnel employed on monthly or
annual based.
Wage: the remuneration payed by the services of
hourly,daily, weekly,and fortnightly employees.
wage is hourly based & Salary is monthly based remuneration,
payed to the service rendered employees.
| Is This Answer Correct ? | 21 Yes | 6 No |
Answer / kama
slary is monthly basis but wages is daily basis ,
| Is This Answer Correct ? | 12 Yes | 7 No |
Answer / c.jayaprakash
The salary means the amount paid to the staff every
monthincluding hra pf esi etc .but daily wages is given to
labours for the daily basis weekly basis
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / s.a.anand
Wages which is paid to production team, those who are directly link with the product manufacturing activities. It will be paid on the basis of hours, days, monthly. It is 75% of physical and 25% of metal activity involved.
Salary which is paid to those who are indirectly link with manufacturing activities. That is Managerial, administration, purchase, sales, Marketing team etc., It is 90% mental and 10% physical activity involved.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / t. anand thiagaraj
What a "Salary" looks like:
Rs.1,50,000 per year
What a "Wage" looks like:
Rs.200 per day.
So basically, a Salary tells you how much you'll earn
either in a month or a year.
While a wage tells you how much you will earn in an hour or
a Day.
| Is This Answer Correct ? | 7 Yes | 6 No |
Answer / somnath das
salary is basically paid to the mental workers,it is paid
on monthly basis or yearly basis.wages is generally paid to
the physical workers,it is paid on weekly basis of dayly
basis.
| Is This Answer Correct ? | 1 Yes | 0 No |
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