Dear All Could you please let me know, difference wage and salary ( according to both salary and wages Act ) Thanks and regards Amar M Chougule
From India, Chennai
1From India, Chennai
Hi,
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From India, Gurgaon
We have discussed the same before many time and i believe the answer can be discover by just putting an effort to search by using SEARCH tool located at top-middle of the page and related information showing at right of the page.
Your query/questions and presence are valuable but request you to use SEARCH tool before posing which will help you in getting the answers of your query timely
well for you now i'd like to share few of our discussion with the same subject below
https://www.citehr.com/39926-differe...ary-wages.html
https://www.citehr.com/14578-differe...-analysis.html
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and
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From India, Gurgaon
wages either daily rated or monthly are termed for workmen,minimum wages are also for workmen notified by respective governments. payment of wages act also relates to workmen.salary is for monthly rated employees other than work men
From India, Hyderabad
From India, Hyderabad
Wages are Daily wages (may be paid weekly, fortnightly or monthly) calculated on daily work basis. Salaries are fixed for month.
From India, Mumbai
From India, Mumbai
Dear Mr. Amar
Wages as self explanatory word is such as Dehadi, which means per day earning to be paid called wages which is applicable for daily basis worker while Salary is to be paid monthly basis which is not being calculated such as wages rate. Minimum wages rates are declaring by the govt. time to time for skilled, unskilled worker & semi skilled worker which is the base of calculation. So, it z very clear wages is for daily payment basis and salary is for monthly payment basis.
Regards
Uday
From India, Faridabad
Wages as self explanatory word is such as Dehadi, which means per day earning to be paid called wages which is applicable for daily basis worker while Salary is to be paid monthly basis which is not being calculated such as wages rate. Minimum wages rates are declaring by the govt. time to time for skilled, unskilled worker & semi skilled worker which is the base of calculation. So, it z very clear wages is for daily payment basis and salary is for monthly payment basis.
Regards
Uday
From India, Faridabad
Dear,
It is just like the difference between Workman and Employee.
The meaning of both the words is same but the use are different.
Example:
If you ask your Production Manager, Sir, is your wage credited to your account, it will not look good.
You should ask, Sir, is your salary credited to your account.
Like that
If you ask a sweeper who works for few daye in a month, Hello, do you need any clarification regarding your working days and salary, it will not look good.
You should ask, Hello, do you nee any clarification regarding your working days and wage.
Generally, those attendance and salary has been calculated in Monthly basis that can be said Salary and those attendance and salary has been calculating on daily basis that can be said Wage.
Does not matter, whether you are paying them physically daily or monthly. The procedure of calculation makes the difference.
From India
It is just like the difference between Workman and Employee.
The meaning of both the words is same but the use are different.
Example:
If you ask your Production Manager, Sir, is your wage credited to your account, it will not look good.
You should ask, Sir, is your salary credited to your account.
Like that
If you ask a sweeper who works for few daye in a month, Hello, do you need any clarification regarding your working days and salary, it will not look good.
You should ask, Hello, do you nee any clarification regarding your working days and wage.
Generally, those attendance and salary has been calculated in Monthly basis that can be said Salary and those attendance and salary has been calculating on daily basis that can be said Wage.
Does not matter, whether you are paying them physically daily or monthly. The procedure of calculation makes the difference.
From India
No where in the POW Act it is said that the Act is for workmen .Actually it is for 'employed persons' getting wages /salary up to Rs18000/-.The definition of wages in the POW Act includes salary also.It is also wrong that MW are fixed for workmen.There are states who have fixed MW for managers also.
Varghese Mathew
From India, Thiruvananthapuram
Varghese Mathew
From India, Thiruvananthapuram
Hi, Wages means the remuneration paid to workers and Salary means the remuneration paid to Staff
From India, Dehra Dun
From India, Dehra Dun
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