Salary vs Wages
When someone asks your income, if you are in a private or government service, he is obviously referring to your salary. But when we talk about the income of blue collar workers or others who earn daily through their work, we invariably talk in terms of wages. Though wages are income, and salary is also nothing else but income of an individual, there are subtle differences between salary and wages that will be highlighted in this article.
There are people who use the terms salary and wages interchangeably without realizing that the difference between the two terms goes beyond monthly earnings. Wages are mostly associated with hourly compensation, and the employee gets money on the basis of number of hours put in by him multiplied by hourly rates. If there is an electrician in a company who puts in 50 hours of work and has a contract saying he would get an hourly rate of $20, he would get 50×20 = $1000 at the end of the month. The paycheck (paycheque) an employee gets is always based upon actual number of hours put in by the employee.
Salary is a concept that is always either in monthly or annual basis, though it may be paid weekly or fortnightly . When there is salary, you hear about yearly packages, bonuses, incentives and perks based upon performance. You have the CEO’s, directors, government employees and many others who earn their salaries, not wages. Salaried employees are not entitled to any additional income if they put in additional hours of work in a week or month as it is considered to be a part of their job. On the other hand, employees working on the basis of hourly wages get bonus once they put in the agreed number of hours (generally 40 hours) in a week. A salaried employee will not be getting a lower salary in a month if he has put in lesser number of hours as there is no criterion of deciding income on the basis of hours put in. Employee working on hourly wages gets 1.5 times or twice his hourly rates for all hours besides the minimum 40 hours that he is required to put in.
Особенности употребления лексики (wage, salary, stipend, fee, royalties)
Существительные wage, salary, stipend, fee, royalty в общем смысле означают вознаграждение, плату за какую-либо работу или деятельность. Однако они не могут быть взаимозаменяемыми. Каждое из них употребляется в отношении определённой категории работников.
Большинство наёмных работников получают зарплату - wages или salaries . Wage и salary не только отличаются по форме оплаты, но и по времени выдачи денег. Так, wage выплачивается рабочим, клеркам, продавцам и т.д. в конце недели чаще всего наличными. Чаще всего слово wage употребляется во множественном числе, хотя по существу, имеется в виду единственное число:
Alec"s wages are $200 a week.
Зарплата Алика составляет 200 долларов в неделю.
Matilda is a shop assistant; she earns good wages.
Матильда - продавщица, у неё хорошая зарплата.
Salary (зарплата) выдаётся в конце месяца служащим, имеющим университетское образование. Они получают чек на определённую сумму или деньги переводятся на счёт в банке. На добавочном листе к чеку указывается сумма выплаты и все необходимые вычеты, например налоги. Таким образом, служащий, получающий зарплату (salary ) должен иметь счёт в банке, в то время как рабочему или мелкому служащему, получающему зарплату (wages ) банковский счёт иметь не обязательно:
Mrs. Marshall is a teacher; her salary is not very high.
Миссис Маршалл - учительница, у неё не очень высокая зарплата.
Существительное stipend , хотя и похоже на русское слово "стипендия", таковой не является. В Америке stipend это плата за временную работу, проводимую во время стажировки на предприятии, в больнице и т.д. В Англии это официальный доход священнослужителей, жалованье государственных служащих, регулярно выплачиваемое пособие:
George is a magistrate and he gets his stipend for the work.
Джордж - член городского магистрата, он получает зарплату за свою работу.
Fee - плата частным лицам (врачам, юристам, архитекторам) за оказанные услуги. Fee также взимается частными школами, колледжами и университетами в качестве платы за обучение:
Jane couldn"t afford to pay the solicitor"s fee.
Джейн не имела возможности заплатить адвокату.
In England public school fees are now so high that only a small minority of parents can afford to send their children there.
Плата за обучение в частных средних школах в Англии так высока, что лишь незначительная часть родителей может позволить себе послать туда своих детей.
Royalty (royalties ) употребляется как исчисляемое существительное в значении "гонорар", который выплачивается автору книги или музыканту издателем за каждую копию произведения. Чаще употребляется это существительное во множественном числе. Royalty также употребляется в значении "плата изобретателю" за использование его патентованного изобретения:
The publisher offered him a royalty of 10% of the price of the book on all copies sold.
Издатель предложил ему гонорар в размере 10% от цены каждой проданной книги.
Martin received $2500 in royalties for his invention.
Мартин получил 2500 долларов за своё изобретение.
Для проверки полученных знаний по употреблению существительных wage, salary, stipend, fee, royalties предлагаем Вам пройти тест на нашем сайте.
Salary and wages are used interchangeably as both refer to the remuneration. Although on a keener look into both this term tells that they are quite different to each other. The salary is the fixed amount that is given after a per pay period, it can either be on monthly basis or the yearly basis. The salary is the pre-fixed amount that depends upon the productivity and performance of an individual. With seeing the rise in the productivity level, the incentives are also paid in the salary, whereas the wages are the payment done on a daily basis on the basis of hours. In wages a certain amount for per hour is pre-fixed, and at the end of the day the wage earner is handed the payment, which depends on the number of hours given for that specific work.
Comparison Chart
| Salary | Wages | |
| Definition | The salary is the pre-fixed amount that depends upon the productivity and performance of an individual. | The wages are the payment done on a daily basis on the basis of hours. |
| Paid Holidays | For the salaried person there are other perks and privileges and paid holidays. | For the wage earner such concept is missing. |
| Skill & Education | The salaried person is skilled and educated people. Therefore they are designated on the white collar jobs. | The wage earner is unskilled or semiskilled there he/she is put to the labor tasks Blue Collar Job. |
| Incentives & Overtime | For the salaried person, the incentives are given for the better work. | In wage earner the extra payment for extra time is given which is quite a more than the normal pricing for an hour. |
What is Salary?
Salary is the pre-fixed amount that is given to the employees after the pay period. The pay period can be selected with the consent of both the office and employees will as it is seen that many of the workers prefer to have the amount paid on every 30 th of the month as they have to pay their utility bills. On the other hand, many of the employees prefer to have the salary on an annual basis. The payment made on this basis mostly depends on the work provided to the organization. In most of the countries, the salary has the whole 12-month plan’ although equally distributed in the 12 months and at the end of the every month it is handed to the employee. There are many perks and privileges of working on the salary basis as there are paid holidays the extra-time than the committed time is also being paid. The salaried jobs are associated with the skilled and highly education as the employee hired through this process is generally for the white collar jobs. It should be kept mentioned that white collar jobs here refer to the job in the office or the administrative setting
What is Wages?
Wage is the payment given to the employee on a daily basis in accordance with the number of hours he/she has worked. With regards to the hourly payment method, the wage seems to be a little highly paid with terms to the salary based jobs. But at the same time it has the biggest con that it doesn’t offer any other perks and privileges and no paid holiday is also present in this type of remuneration. Most primarily the wage earner is designated on the ‘blue color jobs’ means the employees or workers in this are up with the manual labor tasks. Other than that, some of the highly paid freelancing jobs are also paid daily wages in accordance with the number of hours they consumed.
Salary vs. Wages
- The salary is the pre-fixed amount that depends upon the productivity and performance of an individual. With seeing the rise in the productivity level, the incentives are also paid in the salary, whereas the wages are the payment done on a daily basis on the basis of hours.
- For the salaried person there are other perks and privileges and paid holidays, whereas for the wage earner such concept is missing.
- The salaried person is skilled and educated people. Therefore they are designated on the white collar jobs, whereas the wage earner is unskilled or semiskilled there he/she is put to the labor tasks Blue Collar Job.
- For the salaried person, the incentives are given for the better work while in wage earner the extra payment for extra time is given which is quite a more than the normal pricing for an hour.
В статье мы рассмотрим слова salary и wage, которые относятся к получению денег. Есть ли между ними разница? Сейчас мы это рассмотрим.
Salary
Произношение и перевод:
Salary [ˈsaləri] / [салэри] - зарплата, оклад
Значение слова:
Деньги, которые вы получаете в качестве оплаты
Употребление:
Мы используем слово salary
, когда говорим о деньгах, которые вы регулярно получаете за выполнение своей работы. Обычно salary выплачивает один/два раза в месяц и сумма salary является фиксированной, то есть не меняется каждый раз.
Чаще всего это слово используется, когда мы говорим о зарплате, которую получают за профессиональную работу: менеджеры, учителя, врачи и т.д. Например: Она всегда хотела быть учителем, и ее не смущала невысокая salary.
Пример:
What is your monthly salary
?
Какова твоя месячная зарплата?
She found a job with a higher salary
.
Она нашла работу с более высокой зарплатой.
Wage
Произношение
и перевод:
Wage / [веидж] - зарплата
Значение слова:
Деньги, которые вы зарабатываете
Употребление:
Мы используем слово wage
, когда говорим о деньгах, которые выплачиваются в соответствии с количеством дней, часов, которые вы отработали или объема выполненной работы.
Wage чаще всего выплачивается каждую неделю и больше относится к рабочим фабрик/заводов, магазинов, строителям и т.д. Например: Ему обещали хорошую wage за эту работу.
Пример:
The factory workers are demanding higher wages
.
Рабочие завода требуют более высокой зарплаты.
She earns an hourly wage
of $10.
Она зарабатывает почасовую зарплату в 10 долларов.
В чем разница?
Слово salary мы используем, когда говорим о фиксированной зарплате, которую вы каждый месяц получаете за выполнение своей работы. Например: Он может позволить купить эту машину, так как у него большая salary.
Слово wage мы используем, когда говорим о зарплате, которую вы получаете каждую неделю, в соответствии с количеством дней, часов, которые вы отработали или объема выполненной работы. Например: За эту неделю они получили хорошую wage.
Упражнение на закрепление
А сейчас выберите одно из двух слов для следующих предложений. Оставляйте свои ответы в комментариях под статьей.
1. Она работает в большой компании и получает высокую ___.
2. Он получает ___ 15 долларов в час.
3. Им платят ___ каждый день.
4. Она получает хорошую ___ каждый месяц.
5. Ей предложили работу с более высокой ___.
6. Он получил маленькую ___, потому что работал мало часов.
Updated on February 24, 2018
The terms salary and wage are often used interchangeably. Having almost the same meaning, this can be confusing at times. Moreover, employment laws do not provide specific definitions for either. While interchangeable usage of both terms may be accepted in some locations or businesses, they actually have their own meaning and are considered grammatically wrong if used improperly.
Definitions
A graph showing the real median household salary in the United States in 2014Salary is a periodic payment to an employee as a compensation for his/her performance regardless of the hours worked. It is usually a fixed amount of money paid in fixed intervals (e.g. 15 th day pay, monthly payments, or in some cases, weekly payments). The fixed amount is generally a fraction of an employee’s annual pay. The said payment is usually specified in an employment contract.
Having a fixed amount of payment annually, a salary has its own drawbacks. Overtime is usually ignored and will not be compensated, regardless of how many hours are worked. Also, once salary is decided, it remains fixed throughout (unless of course the employee is given a raise or promotion).
Salary may have its own drawbacks, but it does come with its perks as well. Salary is also known to be a package, which means that employees do not only receive money as payment, but also other compensations like medical insurance, retirement fee, paid leave/vacations, educational plan, and other benefits.
Salary is usually determined through comparison of market pay rates, leveling the pay rates and salary that was established by the employer, the skill of the employee, or even the availability of people that can perform the specified job.
Wage
The minimum wages of developed economies in $/hour in 2013 In contrast to salary, a wage is generally a monetary compensation paid by an employer to an employee in regards of his/her hours worked. Instead of a compensation quoted on an annual basis, the amount paid will be based on the number of hours worked multiplied by the employee’s hourly rate. Paychecks are also received sooner than a salary, most likely a few days after the work period or when the job is done.
As with the salary, a wage does have its downside. If you leave work, you won’t get paid regardless of your reason. If you’re sick or pregnant and can’t get to work, you won’t be paid. It means you strictly have to be present and working in order to get paid. You won’t get any paid vacations, paid sick leaves etc.
A wage may seem undesirable at this moment, but it also does have its advantages. Unlike the salary, overtime is compensated. If you work 50 hours in a week, you will receive the full 50 hours multiplied with your rate as payment. For some, the first 40 hours would be paid at your regular rate, and the excess hours would be 1.5 times your normal rate. This opportunity is usually not given to salary earners.
A wage is usually determined by the skill of the employee, availability of people that can perform the specified job, or through comparison of market pay rates.
Salary vs Wage
What’s the difference between a salary and wage? They may both pertain to the compensation for a job done, but they do differ in everything else.
Historically, manual labor jobs meant earning wages, while professional jobs meant having salaried positions. Today, they have their own meanings. Wage earners work at an hourly rate, and salary earners work at a fixed rate. Their payment cycle also differs as a salary is usually paid monthly, while a wage is usually paid soon after the work is done. If you are a salary earner, you can be considered lucky as salary earners have other benefits like insurance, paid leaves and the like. Wage earners don’t get to have these benefits but what they do get is paid overtime. They can work more than 30 or 40 hours per week and the extra hours will still be compensated. Lastly, a salary has a fixed rate, while a wage has changing rates, mostly through current market pay rates.
Comparison Chart
| Wage | |
| A fixed pay on an annual basis | A variable pay on an hourly basis |
| Payment cycle can go from 15 th day, monthly, or weekly | Payment cycle is within a few days after the job is done |
| No extra pay for extra hours | Has extra pay for extra hours |
| Has benefits like paid leaves, medical insurance etc. (depending on the contract) | No benefits but can receive bonuses (depending on the employer) |