Jump to content

Indiana

What is the difference between wages and salaries?

Topic Summary

Created

Last Reply

Replies

Views

Indiana -
Indiana -
2
9

Top Posters


Recommended Posts


I found this, from where I come from I'm only familiar with salaries

The essential difference between a salary and wages is that a salaried person is paid a fixed amount per pay period and a wage earner is paid by the hour. Someone who is paid a salary is paid a fixed amount in each pay period, with the total of these fixed payments over a full year summing to the amount of the salary. This person is considered to be an exempt employee. There is no linkage between the amount paid and the number of hours worked. Someone receiving a salary is usually in a management or professional position.

    Hello guest!

Share this post


Link to post
Share on other sites

  • Forum Statistics

    60,861
    Total Topics
    110,870
    Total Posts
  • Member Statistics

    16,344
    Total Members
    1,592
    Most Online
    Dafniter
    Newest Member
    Dafniter
    Joined




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.