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What is the differences between Wages and Salary?

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2011-11-16 16:27:58
2011-11-16 16:27:58

wages are what you get paid hourly for instance if you get paid like $6.00 per hour then if you work more then 40 hours in one week then you are entitled to overtime which is time and a half so after 40 hours you would then be making $9.00 per hour. salary is when you get 40 hours a week 80 hours every two weeks and even if you worked 112 hours you would only get paid for the 80 and vise versa if you only worked 60 hours you would still get paid for 80. so in this case you may get like $24,000 a year right so your employer would take this amount and divide it by 26 pay periods in a year and then by 80 hours in a pay period and this is your pay per hour. If you are given the choose between the two and you know that the job is very time consuming then it is more wiser to take an hourly pay then a salary pay. You will make up for everything with the Over time hours put in. Good Luck and Have Fun...Enjoy Life

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