Dear Nag,
As per my knowledge wages and salaries are one and the same i.e., compensation or emoluments payable in currency; usually, but we have a slight difference. Wages are the payments made on hourly basis or on daily basis whereas salary is a compensation is given once in a month or calculated for 12 months and divided on monthly basis. Salary is paid regardless of hours worked whereas in wages hours of work is carefully taken into consideration.