2006-06-11 13:42:23 · 9 answers · asked by sueet2b 4 in Politics & Government ➔ Other - Politics & Government
Wages are usually on an hourly basis.
Salary is a fixed amount.
Income is any money you get.
2006-06-11 13:45:32 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Wage Vs Salary
2016-12-18 15:13:33 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Salary Vs Wage
2016-10-06 08:17:12 · answer #3 · answered by ? 4 · 0⤊ 1⤋
Wage is on a daily basis, ex: a clerks daily wage is 8.00 an hour. A wage earner can get paid overtime if they work more than 8 hrs.
If a person has a Salary, they are not paid hourly, they have a set amount per year, ex: A teacher's salary is 35,000 a year...doesn't matter how many extra hours they work, they still get the same amount of money, there is no overtime pay.
A person's income is all the money that they earn whether it is an hourly wage, a salary, child support, scholarships, etc...
2006-06-11 13:52:21 · answer #4 · answered by Bonita 3 · 1⤊ 0⤋
WAGE is the rate at which you will be paid, as in $10 per hour.
INCOME is the amount that COMES IN. So your weekly or monthly or yearly income is just the total of what you are paid. Of course this is broken down into GROSS or NET income. Gross being the raw total, & Net being the amount you actually get to keep after expenses such as taxes or bills.
SALARY is a differnet way of being paid. A Person on Salary is paid a set rate per year/month/week, regardless of how many hours they work. This is usually reserved for folks like managers or other folks that can set their own hours but must finish designated assignments or projects in a certain timeframe. That way, they are reqrded if they work fast with time off for the same pay, but punished if they drag out the work by working overtime w/o any extra pay.
2006-06-11 13:52:22 · answer #5 · answered by djack 5 · 0⤊ 0⤋
salary:
Compensation received by an employee for services performed. A salary is a fixed sum paid for a specific period of time worked, such as weekly or monthly.
wages:
Compensation received by employees for services performed. Usually, wages are computed by multiplying an hourly pay rate by the number of hours worked.
income: the financial gain (earned or unearned) accruing over a given period of time
Salary is usually a set amount. Wages usually fluctuate based on your hours worked and hourly rate. Income is any money gained.
2006-06-11 13:47:38 · answer #6 · answered by Sweetask 6 · 0⤊ 0⤋
Wage is what you get paid an hour, salary is what you get paid a year and income is what comes in all year. You can get income from a job and investments, a business you own etc.
2006-06-11 13:46:32 · answer #7 · answered by noitall147 2 · 0⤊ 0⤋
wages and or salary is what somebody will pay you. an income is whatever money you get from whatever source.
2006-06-11 13:49:36 · answer #8 · answered by yourdoneandover 5 · 0⤊ 0⤋
nothing.. except people normally say salary when they mean annual
2006-06-11 13:45:14 · answer #9 · answered by Anonymous · 0⤊ 1⤋