Organizations require huge human activities to achieve their and for the development of the organization. The management of an organization uses the term ‘compensation’ to denote the cost of using the human resources in the organization. There are many types of compensation according to their functions like wages, salaries, incentives, monetary benefits, etc. The compensation policy of an organization depends on various factors like government policies, skills of the employees, job conditions, risks associated with the job, etc. This article concentrates on communicating the differences between Wages and Salaries .
WAGE
‘Wage’ is the term which specifies the compensation paid to the person in return to the job he had done in the organization. The wages are given daily, weekly or fortnightly and the compensation to be paid is determined by considering the hours worked by the person. Wages are paid to the blue-collar workers who involve in technical, manual and more of a physical work.
The government prescribes a certain wage rate to the workers in every industry and the companies must follow the policies of the government in deciding the pay of the workers who are working in their companies. The wage rate is fixed based on the skill of the worker, cost of living in the locality, the scarcity of the workers with required skill, the risks involved in the job, etc.
SALARY
Salary is the term which specifies the compensation paid to the employees of the organization in return for the contribution of an employee towards the organization. Salaries are paid to the white-collar employees, managers, professional, etc. The salaries are paid monthly or annual basis to the employees. The salary is fixed according to the qualifications, the ability of an employee to perform the job, experience, etc.
There are many benefits which the salaried employees enjoy like salary increments, incentives, promotions, bonuses, etc. which will motivate the employee to perform better and helps in developing a sense of belongingness among the employees towards the organization. Some organizations pay huge salaries to their employees to attract highly talented employees to join in their organization and also for retaining the existing talent.
DIFFERENCES TABLE
| WAGE | SALARY |
|---|---|
| The wages are paid to the workers in an organization. | The salaries are paid to the employees in an organization. |
| GIVEN TO | |
| The wages are given to the people who are involved in manufacturing activities, technical, manual and physical activities. | The salaries are given to the people who are involved in administrative work like office jobs, etc. |
| PAYMENT TENURE | |
| The wages are paid daily or weekly or fortnightly based on the hours worked. | The salaries are paid monthly or annually based on the performance of an employee. |
| PAID TO | |
| The wages are the remuneration to the "Blue-Collar" workers. | The salaries are the remuneration to the "White-Collar" workes. |
| EXTRA PAYMENTS | |
| The wage based workers can get extra payment if they work for additional hours. | The salary based employees cannot get extra payments for extra hours. |
| PAYMENT RATE | |
| The wage rate is not fixed throughout the period and usually, keeps on changing. | The salary is fixed at the time of joining of an employee and it won"t change unless the employee gets increment. |
CONCLUSION
The wage based workers have to work daily to earn money for their livelihood and there is no paid leaves concept for daily wage earners. whereas, the salaried employees can avail paid leaves, sick leaves, perks, etc. which is a huge benefit to the salaried employees. From the above discussion, it is evident that the wages and salaries are different and cater different needs of different people.
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) |
during the lunchtime \
for fifteen minutes
Предлоги for и during являются близкими по значению. Предлоги for since during
FOR — используется с существительными или группами существительных (noun phrases), чтобы сказать сколько по времени продолжается действие.
- She’s going away for the weekend — Она собирается уехать на все выходные.
- I haven’t seen you for ages . — Я не видела тебя целую вечность .
DURING — используется с существительными или группами существительными, чтобы сказать когда что- то происходит.
- I will see Helen during the weekend. — Я увижу Елену на неделе.
- The children laughed a lot during the film. — Дети хохотали во время фильма.
То есть, for — продолжительность во времени , а during — когда, в течение чего.
Давайте теперь разберем ряд предложений, в стиле упражнения, вставляя предлоги for или during.
during the pregnancy \
for 9 months
1. I’m rather hungry, I’d like to go to the buffet…. the interval.
Итак, сначала переведем: Я довольно голоден, я бы хотел сходить в буфет ….. перерыва. (в течении, пока будет, на) — какое это значение? Подходит только during , так как про продолжительность по времени ничего не говорится, а говорится именно в течение чего я бы хотел сходить в буфет.
2. The family visited a number of nice places… the summer.
Семья посетила ряд прекрасных мест…. лета. (в течение, за время, во время, за.) — не говорится, сколько по времени это заняло. Говорится о том, что пока было лето, они успели посетить ряд мест. Значит — в течение — during
3. Norman didn’t write to me … a long time. I thought he’d forgotten me.
Норман не писал мне…. долгого времени. Я подумала, что он забыл про меня. — Ну, тут явно видно слово «время», поэтому — for . Почему не подходит during? Потому что непонятно, в течении чего Норман не писал мне (лета, года, медового месяца, каникул). Таких слов не имеется.
4. They met….the war and have been together ever since.
Мы встретились … войны и с тех пор были вместе. — В течении чего были вместе? То есть во время действия — В течении войны, пока шла война, в войну, во время войны. — during
5. My friend speaks fluent English; he lived in the US… six months last year.
Моя подруга бегло говорит по — английски; он жил в США …. шести месяцев в прошлом году. — Продолжительность по времени, в течение 6 мес. for
6. It snowed heavily…the night and by the morning the world had changed .
Прошлым вечером сильно шел снег и к утру мир изменился. — В течение прошлого вечера — during
7. I’m sorry, I’m very busy this morning and can see you only… a few minutes.
Извини, я очень занят сегодня утром и могу встретиться только на пару минут. — Минуты -это время, в течении этой пары минут — продолжительность во времени. — for
8. We have been living here … six years.
Мы живем здесь уже 6 лет. — лет, годы — это время. В течении 6 лет — продолжительность во времени — for
9. …. the war the country was occupied by the enemy …a few months.
Во время войны в течение нескольких месяцев страна была оккупирована врагами. — 1. В течении войны, война — действие — during, в течение нескольких месяцев — продолжительность во времени — for
10. Mike stayed in London … a week. …. that time he did most of the sights of the great city.
Майк остановился в Лондоне на неделю. За это время он осмотрел большинство достопримечательностей великого города.
на неделю — время — for, за это время — тут сложнее. С одной стороны это время. продолжительность во времени. А с другой — это период времени. Что же выбрать? Тут главное слово неделя . Неделя — это тот отрезок времени, за который Майк успел осмотреть все места. Не говорится сколько по времени он их осматривал, не всю же неделю без перерывов на обед и сон, значит тут промежуток времени не подходит. Значит важно когда это происходило — в течение этого времени это происходило. Берем during.
В данной статье мы рассмотрим два очень похожих слова – while (пока, в то время как ) и meanwhile (тем временем ), которые часто ошибочно употребляются друг вместо друга. Для начала приведем примеры, а затем начнем обсуждение:
- I’ll be doing my homework while you watch TV – Я буду делать домашнее задание, пока ты смотришь телевизор
- I went to a concert. Meanwhile, my friend was at a restaurant. – Я пошла на концерт. Тем временем мой друг был в ресторане.
Из вышеприведенных примеров видно, что оба слова — while и meanwhile — используются для обозначения того, что два действия происходят в одно и тоже время. Разница состоит в том, что meanwhile объединяет два отдельных предложения одним промежутком времени, а while объединяет два действия в одном сложноподчиненном предложении .
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Другое отличие состоит в том, что meanwhile всегда стоит в начале второго предложения , а while — в начале или в середине сложноподчиненного предложения . Приведем еще примеры:
- Every day I eat breakfast while reading the newspaper – каждый день я завтракаю, пока читаю газету
- While you sang, I took pictures of you – пока ты пел, я тебя сфотографировала
- Mom worked all day. Meanwhile, I was at school – мама работала целый день. Я, тем временем, была в школе.
Нужно отметить, что meanwhile всегда отделяется в предложении запятой, и после него всегда следует подлежащее. Что касается while , то за ним обычно следует (глагол+ing) – как указано в первом примере, — и иногда подлежащее — как во втором примере.
Слово while принимает участие в некоторых выражениях, являющихся, по сути, в предложении обстоятельством времени:
While и whilst
Несмотря на то, что «whilst » является традиционным и полным синонимом «while «, в США использование этого термина считается претенциозным и старомодным.
Meanwhile и meantime
«Meanwhile » является наречием, «meantime » – существительным. Большинство грамматических источников указывает, что эти два слова взаимозаменяемы. Но в начале предложения некоторые грамматисты предпочитают использовать «meanwhile «: Meanwhile, the dog buried the baby’s pacifier in the garden , а «meantime » использовать только в составе выражения «in the meantime «: In the meantime, the dog chewed up my last tennis ball.
