LexBrew
Usage Entry 1161 / 1350 60-second read

Salary vs. Wage

Fixed annual pay versus hourly pay.

The comparisoni

✗ Wrong

His wage is $80,000 a year, quoted annually.

✓ Correct

His salary is $80,000 a year — wages are per hour; salaries are per year.

The ruleii

SALARY = annual. WAGE = hourly.

SALARY is a fixed annual amount, paid regardless of exact hours worked (often salaried workers are exempt from overtime). WAGE is an hourly rate, and pay tracks hours clocked. Both are compensation; only one counts overtime.

Memory aidiii

Remember it like this

Salary = yearly. Wage = per hour.

You might also like 6 related
↑↓Navigate Open EscClose All results →