Salary Wages

Index of Daily Doses: http://DailyDoseOfEnglish.com

Students often ask me, What is the difference between salary and wages?
Well, both words refer to a person's pay or earnings. The difference between the two lies in how a person is paid.
Some people have fixed work contracts and are paid a fixed amount each year, however many hours they work. We call this kind of pay, salary.
Imagine you have a fixed contract and are expected to work a minimum number of hours every week. Your contracted salary will be paid to you each month at a twelfth of the total amount agreed each year.
It does not matter how many hours you work beyond your contracted hours - you will still be paid the same annual salary.
Or you might be paid by the hour. You have an agreed hourly rate of pay. You may or may not have a fixed contract obliging you to work a minimum number of hours a week.
If you work more hours than agreed, you will be paid more money for the extra hours that you work.
Wages are always paid to people who do casual work or are on short-term contracts.
Whether you are paid a wage or receive a salary, you will get a payslip at the end of the month, or each week if you are paid weekly.
The payslip gives details of your gross pay, the total amount you earned, and your net pay after deductions. Deductions include income tax and social security contributions.
Depending on your tax bracket, which depends on the level of your earnings, your net pay can be substantially less than your gross pay.
I hope you enjoyed this Daily Dose of English and I'll see you again soon for another one.
Goodbye for now.

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[Krzysztex]

The times is hard and the wages low,

It's time for us to roll and go!

[callmenatali]

Thank you!