No, salary and wage are not the same thing. A salary is a fixed amount of money that an employer agrees to pay an employee per year, for doing a specific job. For example, someone is hired to be an bookkeeper and is paid $50,000/year. Wages usually refer to an hourly rate of pay, and therefore they are not fixed; they depend upon the number of hours worked. For example, a person could be hired to load trucks for $15/hour. If he works for 3 hours, he earns $45.
Pay, wage, recompense, salary.
What is the difference between a salary and commission
Hourly wage
Basic and annual salary are the same thing. They are how much a person makes in a year.
Wage - A wage is a compensation, usually financial, received by workers in exchange for their labor. Salary - A fixed amount of money paid to a worker
Yes. ("Salaried" and "exempt" mean more or less the same thing; it means you're exempt from the laws concerning overtime, and can therefore be paid a salary rather than a wage.)
Enrtry wage 27,020 median wage 33,770 experienced wage 43,340
There is essentially no difference in the function of a wage or salary slip. Wages are general paid by the hour and a salary is pay that is not based on hours.
A minimum wage ofr salary or over the minimum wage.
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Minimum wage.
minimum wage