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Salary vs Wage

Salary = fixed yearly/monthly pay for professional jobs (annual salary of $60k). Wage = pay by the hour/day, usually manual work (minimum wage, hourly wage).

The one-line answer

Salary = fixed yearly/monthly pay for professional jobs (annual salary of $60k). Wage = pay by the hour/day, usually manual work (minimum wage, hourly wage).

salary

noun

a fixed regular payment, usually yearly amount paid monthly, for professional work

  • Her salary is $4,000 a month.
  • The job offers a competitive salary.
  • Salaries in tech are usually higher.

wage

noun

pay calculated by the hour, day or week — often for manual work; also 'wages' plural

  • The minimum wage went up this year.
  • He earns an hourly wage of $15.
  • Workers demanded higher wages.

Memory trick

Salary = Salaried professional (monthly/annual, office). Wage = per Week/hour (factory, retail). You negotiate a salary; you calculate wages.

Salary vs Wage: Test yourself

Question 1 of 2

The minimum ___ increased by 50 cents per hour.