We are also provide the services for Salary & Wages. The essential difference between a salary and wages is that a salaried person is paid a fixed amount per pay period and a wage earner is paid by the hour. Someone who is paid a salary is paid a fixed amount in each pay period, with the total of these fixed payments over a full year summing to the amount of the salary. This person is considered to be an exempt employee. There is no linkage between the amount paid and the number of hours worked. Someone receiving a salary is usually in a management or professional position.
Salary is a fixed amount paid or transferred to the employees at regular intervals for their performance and productivity, at the end of the month.
wages are hourly or daily-based payment given to the labour for the amount of work finished in a day
- Days per week specified: 6.0
- Hours per week specified: 48
Definition of Unskilled, Semi-skilled, Skilled & Highly Skilled Workers.
An unskilled employee is one who does operations that involve the performance of simple duties, which require the experience of little of no independent judgment or previous experience although familiarity with the occupational environment is necessary. His work may thus require in addition to physical exertion familiarity with variety of articles or goods.
A semiskilled worker is one who does work generally of defined routine nature wherein the major requirement is not so much of the judgment, skill and but for proper discharge of duties assigned to him or relatively narrow job and where important decisions made by others. His work is thus limited to the performance of routine operations of limited scope.
A skilled employee is one who is capable of working efficiently of exercising considerable independent judgement and of discharging his duties with responsibility. He must posses a thorough and comprehensive knowledge of the trade, craft or industry in which he is employed.
(iv) Highly Skilled:
A highly skilled worker is one who is capable of working efficiently and supervises efficiently the work of skilled employees.