A wage is usually based on an hourly rate, and the total amount you get paid varies with the total hours worked, including overtime. It is commonly associated with part-time or hourly jobs.
In contrast, a salary is a fixed amount paid regularly (monthly or biweekly), regardless of the hours worked. Salaried positions are often full-time, with fixed schedules. Overtime compensation for salaried employees depends on internal company regulations. Read more