SALARY OR HOURLY PAY

What is the most significant difference between salary pay and hourly pay?

• Hourly pay includes benefits that salary pay does not.

• Salary pay is always higher than hourly pay.

• Hourly pay allows for overtime compensation, while salary pay does not.

• Salary pay is flexible, while hourly pay is fixed.

Why might hourly pay sometimes sound more appealing than salary pay?

• You can earn more based on the number of hours worked.

• Salary workers get more holidays.

• Hourly workers have a better work-life balance.

• Hourly pay is always higher.

What is a disadvantage of being on a salary pay?

• You get paid less during holidays.

• You cannot earn overtime pay.

• Your work hours are longer.

• You have fewer job opportunities.

What advantage does salary pay have over hourly pay?

• Salary pay offers advantages not available to hourly pay.

• Salary pay includes overtime compensation.

• Salary pay is more flexible.

• Salary employees have a harder time achieving work-life balance.

What should you do once you have decided whether you want a salaried or hourly paid job?

• Start working overtime to increase your pay.

• Change your job immediately to what you prefer.

• Research pay ranges and prepare for salary negotiations.

• Request a pay raise immediately.