A salary is a fixed amount of money that an employee earns on a regular basis, usually monthly or annually, regardless of the number of hours worked. A wage, on the other hand, is typically paid based on the number of hours worked or units produced. Wages are often on an hourly or daily basis and can vary depending on the amount of work completed. Salaries are more common for professional or managerial positions, while wages are more common for hourly or part-time employees.
