What's the difference between salary and wage?

Salary


Definition:

  • (a.) Saline
  • (n.) The recompense or consideration paid, or stipulated to be paid, to a person at regular intervals for services; fixed wages, as by the year, quarter, or month; stipend; hire.
  • (v. t.) To pay, or agree to pay, a salary to; to attach salary to; as, to salary a clerk; to salary a position.

Example Sentences:

  • (1) Helsby, who joined the estate agent in 1980, saw his basic salary unchanged at £225,000, but gains a £610,000 windfall in shares, available from May, as well as a £363,000 increase in cash and shares under the company profits-sharing scheme.
  • (2) "It is very satisfying work," says the 28-year-old, who earns a net monthly salary of 23,000 kwatcha ($80), probably one of the highest incomes in the village.
  • (3) The investigators likely to have questions for Clarke, who remains on the payroll until January when he too is entitled to a payoff of a year’s salary.
  • (4) Paradigm relies heavily on social science research and analysis to help companies identify and address the specific barriers and unconscious biases that might be affecting their diversity efforts: things like anonymizing resumes so that employers can’t tell a candidate’s gender or ethnicity, or modifying a salary negotiation process that places women and minorities at a disadvantage.
  • (5) The audit states: "The financial position of Zuma deteriorated over time, mainly as a result of the fact of the shortage in daily funding required to fund his lifestyle … Zuma's cash requirements by far exceeded his ability to fund such requirements from his salary."
  • (6) And he failed to engage with these sensible proposals to limit bonuses to a maximum of a year's salary or double that if explicitly backed by shareholders - proposals which even his own MEPs have backed – until the very last minute.
  • (7) Since leaving the group last April – taking home a reported £3.1m in salary, compensation and future share awards – the work has not stopped.
  • (8) The current CEO, the aptly named John Boss, took home $5.4m in salary and other compensation in 2015.
  • (9) Senior management salaries have remained frozen since 2008.
  • (10) One shareholder in RBS warned that the bank might now have little option but to increase salaries.
  • (11) In 2010 there were 2,525 City workers with in the €1m-plus pay bracket with average pay of €2.3m and with a much higher ratio, 611% of variable pay to fixed salary.
  • (12) A typical salary for a practice squad member is around US$100,000, significantly less than the Hayne earns in the NRL .
  • (13) Overall earnings growth was even lower, with the average UK salary increasing just 0.5% on 2010 levels once part-time workers are included.
  • (14) According to the BBC, as of last August, Klein's salary was £195,000 and Hadlow's £225,000.
  • (15) After specialization, there appeared to be a tendency for the less academically able students to take on full-time salaried jobs rather than to enter private practice.
  • (16) In 2007, his £450,000 LTIP, combined with basic salary and bonus, left him £1.2m better off - and with nearly double the then salary of the BBC's director general, Mark Thompson.
  • (17) Summiteers might be content with the higher rank and salary … and not really be motivated to summit again.
  • (18) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
  • (19) Because the team is over the salary cap, keeping Basketball Zeppo will cost the Knicks an estimated $2.1 million .
  • (20) The incoming non-executive chairman of IAG, Iberia's Antonio Vazquez Romero, will receive a fee of €235,000 under a similar arrangment, on top of his annual salary of €645,000.

Wage


Definition:

  • (v. t.) To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.
  • (v. t.) To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.
  • (v. t.) To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
  • (v. t.) To adventure, or lay out, for hire or reward; to hire out.
  • (v. t.) To put upon wages; to hire; to employ; to pay wages to.
  • (v. t.) To give security for the performance of.
  • (v. i.) To bind one's self; to engage.
  • (v. t.) That which is staked or ventured; that for which one incurs risk or danger; prize; gage.
  • (v. t.) That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.

Example Sentences:

  • (1) Wages for the population as a whole are £1,600 a year worse off than five years ago.
  • (2) The buses recently went up by 50p per journey, but my wages went up with national inflation which was pennies.
  • (3) The move would require some secondary legislation; higher fines for employers paying less than the minimum wage would require new primary legislation.
  • (4) Here's Dominic's full story: US unemployment rate drops to lowest level in six years as 288,000 jobs added Michael McKee (@mckonomy) BNP economists say jobless rate would have been 6.8% if not for drop in participation rate May 2, 2014 2.20pm BST ING's Rob Carnell is also struck by the "extraordinary weakness" of US wage growth .
  • (5) Although the unemployment rate is 4.8%, it can come down further without wage inflation starting to rise.
  • (6) "Due to much higher housing costs, one in seven of London's employees receives wages which are below the poverty threshold," says Mr Livingstone.
  • (7) But I hope 2015 will see the wage increases I expected to see this year.
  • (8) "While it seems possible that more will join the two MPC dissenters in coming months if wage growth picks up, it looks a long way to go before a majority on the MPC vote to raise interest rates," he said.
  • (9) Facebook Twitter Pinterest Columnist Jonathan Freedland and economics editor Larry Elliott discuss the late-night deal that the Greek prime minister Alexis Tsipras has agreed to When it comes to the now-abandoned Thessaloniki Programme, the radical manifesto on which Alexis Tsipras came to power, there is always talk of implementing it “from below”: that is, demanding so many workers’ rights inside the industries designated for privatisation that it becomes impossible; or implementing the minimum wage through wildcat strikes.
  • (10) In more than 30 years of elections, ruling parties have lost when real wages are falling and an opposition party only won once, in 1997, when real wages were rising.
  • (11) President Obama on Thursday proclaimed to be against endless wars, even as he announced that the US will continue to wage one.
  • (12) On his personal website, Miliband talks about the importance of the national minimum wage.
  • (13) For ambulance drivers, who earn significantly below the average UK wage, the figure is more than £1,800, the analysis found using the retail prices index (RPI) measure of inflation, which hit 2.5% in December .
  • (14) Bill Shorten has told the union royal commission he would “never be a party to issuing bogus invoices” as he rejected assertions that payments from employers to the Australia Workers’ Union created conflicts of interest during wage negotiations.
  • (15) Oregon’s governor on Wednesday signed trailblazing legislation that will raise the minimum wage to nearly $15 in six years, and do so through a three-tiered system that has not been tried anywhere else in the country.
  • (16) According to calculations by the Resolution Foundation, a couple with two children in which the husband works full-time and the wife works part-time on or just above minimum wage stand to lose a total of £720 a year by 2020.
  • (17) Around 70,000 people currently receive the minimum wage in Scotland.
  • (18) So we were proud in 1997 to put forward the case for Britain’s first minimum wage.
  • (19) Romanians making Polish wages go down.” Then he adds: “The Romanian, he not the worst.
  • (20) Port Vale are in deep financial trouble and their administrators will not let him pay half the player's wages.

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