| Aspect | Wages | Salary |
|---|
| Payment Type | Hourly or daily | Fixed annual amount |
| Work Hours | Typically varies; paid for hours worked | Consistent; regardless of hours |
| Overtime Pay | Usually eligible | Often not eligible |
| Job Types | Skilled trades, retail, manual labor | Office, professional, managerial roles |
Wages are paid based on hours worked, making them common in manual labor and hourly positions. Salaries provide a fixed yearly income, typical for professional and administrative roles. Understanding these differences helps job seekers evaluate compensation structures effectively.