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 should be the con1ponents of a fair policy with regard to collecting, maintaining, and disseminating information about employees?

1580


Hi, I have 2 yrs of experience in Recruitment in the ITeS industry. I would be moving to US next year. I wanted to know the job opportunities available and how i need to equip myself for the same.

1648


Give some Examples of Motivation? & explain ?

2399


How long do you plan on staying with us

1612


AFTER DONE B.S.C NON MEDICAL ,WHY DID OPT HR AS SPECIALISATION

1993






Why did you changed your career from Hotel Management to MBA in HR ?

1800


Do you feel that you may be overqualified for this position

1743


please send me model question paper for junior exe hr

2287


What should be the components of a fair policy with regard to collecting, maintaining, and disseminating information about employees?

1601


How can we prepare HR strategy plan? What are the steps involved??????

1875


can some body guide me with the steps in preparing the MIS report.

1569


What is sexual harassment?

1631


what are the various off the job training methods?

2105


If 2,00000 amount is given and make it share to 55 employees as per pf? anyone give me a detailed explantion based on this type of questions..Thanqu Preethi

1867


What are the key issues that should be addressed in the design, conduct and evaluation of training programs?

1574