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
salary is meant for a period like month or a year but wages are paid daily. Many firms give full salary at the end of the month. with other benefits even you have 2 or 3 days vacant. but in wages cases some firms give it daily or at end of the week or at the end of the month. they cut wages/days in case of vacant.
There are several differences between gross salary and basic salary. Basic salary is the agreed upon rate of pay discussed between employer and employee which does not include overtime or any other forms of extra compensation. Gross salary is the salary paid before taxes that include overtime pay, holiday pay, and shift differentials if applicable.
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