Peirce's ideas about semiotics distinguished between three types of signs: icon, index and symbol. Whether a sign belongs in one category or another is dependent upon the nature of its relationship between the sign itself (which he called the referent) and the actual meaning. 
An icon is a meaning which is based upon similarity or appearance (for example, similarity in shape).
This photograph of the dog, the icon, most closly resembles the actual dog.
According to Pierce, icons are "the only means of directly communicating an idea."An index is a meaning based upon some cause and effect relationship :"Because the indexical sign is understood to be connected to the real object, it is capable of making that object conceptually present."
A wagging tail is an index of a dog.
Finally, a symbol carries meaning is a purely arbitrary way - this is the way natural language carries meaning. Dog bone is a symbol of the dog.
Saussure's system is appropriate to language and texts, for the most part, but Pierce's has a wider application, including not just language but also the visual arts.