ABSTRACT
In ordinary speech the word “ wages ” is applied to a sum of money which is paid to a worker for work done more or less under the orders of the person employing him, the work usually being of a manual character (e.g., domestic servant, bricklayer) and paid for by the week; while payment for work of a superior grade which may or may not be done under supervision, and which is paid monthly or quarterly, is known as salary (e.g., bank manager, government clerk). The doctor and dentist, who receive a payment for a particular service and work independently are said to receive a fee. In economic books both salaries and fees are included under the heading “ Wages/' since the reasons which determine the average earnings in any employment are the same whatever the mode of payment.
