Salary
Amount = Fixed
Wages
Amount = Variable
Example
Salary = €36,000 per year paid
monthly = €3,000 per month
regardless of if the person works 39
hours one week or 43 hours the next
week.
Example
You earn €15 per hour
Last week you worked 20 hours.
20 X 15= €300 per week
This week you worked 25 hours.
25 X 15 = €375
So, wages are paid on the amount of
work done.
Typically paid weekly
Usually for unskilled jobs e.g working
in a shop
Typically paid monthly
Usually for skilled jobs like working in
an office