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Answer Posted / 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
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