What is the Difference between salary and wage?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What control mechanisms might be most appropriate to ensure that action plans match targeted needs?

1652


Is there any Flex Developer if have so need to ask that what kind of such thing and how we utilize it so, Kindly suggest if any Link or send such developer resume so we know little about it.

1749


Differentiation and their application in business?

2596


What is the best way to develop pay systems that are understandable, workable, and acceptable to employees at all levels?

10743


The present state of recession in the IT Industry - as a Human Resource Manager how are you going to undertake Human Resource Planning at Macro Level to tide over this crisis

1819






what are the main job evaluation methods and how do we use them pls give examples from ur particular sitution?

1874


how much sap is necessery in hr?

1946


If a person is having 1 year experiencein Search & recruitment Firm,Is he/she is eligible for any good corporate?

1786


From a strategic perspective, how can senior management make the best use of the human resource function?

1646


Being the Human resource management how will you formulate an effective HRP Process

1718


What are the key aspects of company-employee communication and what is company wide committee? Do you have experience to handle those matters?

4598


what r the steps in operation management

1643


Role of an HR professional in transformational change in a health care industry.

1690


what is the variable and verticals of a firm or a consultency

1983


Why should you consider yourself fit to be hired by JSPL? (max 200 words)jindal steel & power ltd

10443