A fixed compensation paid periodically for work or services to the company’s employee. Many people are confused with salary and wage. Noted here are some differences of salary and wage: 1) Salary is given normally twice a month, 15th and 30th of the month while wage is given at a weekly basis. 2) Salary is for employees (who stay at the office) from different companies while wage is for laborers (who stay at the field) from a project based companies.
The monies in which one is paid from working. Generally a set amount over the course of the year. One will always get paid the same amount, regardless of the hours worked.
salary is the money you have earned when you work. this money can be earn per hour, per project. you can get it via per month or bi month. it is the money you work for hard.
Its a periodic payment given by an employee to and employer.which will be mentioned in the employment contract slip,The salary encompasses of a Basic wage of amount added with Incentives,Home Allowance(HA),Traveling Allowance(TA) ,overtime(OT) if any and depreciation amount will be Provident fund(PF)etc.
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