salary versus hourly rate? which is better?

Answer 1

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It depends on whether you do more or less than an average number of hours, say like 38.

And with salary its harder to earn more when you want to by doing overtime.

Answer 2

It completely depends on the type of job you have. If you were a salaried, 24hr on-call plumber, you'd probably feel very differently about receiving a fixed wage, than if you were eligible for overtime benefits and a paid per hour worker.

I've had jobs that were almost the equivalent of free rides, where I worked no more than 40 hours a week, with actual work hours that probably amounted to maybe 60% of what I was paid for.

If you anticipate long workdays and work weeks, an hourly commitment is probably best. If you work a standard 9 to 5, such as say an executive assistant, or office manager, the salaried rate is probably most desired.

Overall, the consistency of my paycheck is most important to me for budgeting purposes, and I'd take a salary over an hourly job, unless I was consulting.

Answer 3

With a salary, you know how much you'll make each week. What you don't know is whether you'll work 40 or 60 hours.

With an hourly rate, you don't know how much you'll make because you don't know if you'll work 20, 40, or 60 hours.

Then there's commission where you can have a great Monday and take the rest of the week off if you want to, or work like mad all week and make nothing.

Or you could be self-employed and make a ton of money if it all goes well, or if it goes badly, wind up losing not only your time, but also money because you're still responsible for the overhead.

You have to decide which is better.

Answer 4

Alot of times this is not open for discussion. For ex. If you're a dept head you are most likely salary. If you work in the dept. you would be hourly. Remember this might not be true everywhere.
Also one who is on salary has to work whatever hrs. it takes to get the finished, where one on salary would receive overtime pay. I know of situations where the person who works hourly makes more than the person on a salary. Decide what is fair to you and what makes you happy. Best Of Luck

Answer 5

This depends on how many hours you are working each week. For me personally, I am hourly andI work about 50 -60 hours a week. If I were salary, I would only get paid for 40. If you work less than 40 each week, you would benefit from being salary because no matter what you bring home a 40 hour week paycheck!

Answer 6

Hi..I think it would depend on several differant things.If you are on a salary, any time you work over 40 hrs,in most cases,is not paid.However,if you have to be out because you are sick..your weekly pay is still the same.
If you are hourly,anything you work over 40 hrs is time and 1/2. If you are out and the company doesn't offer sick days,then your out the money.
Personally,I would rather have hourly pay.Where I work,I average more per year than any of the salary paid employees.

Answer 7

It all depends on what kind of job you're looking for. Most labor type jobs are hourly and most office type jobs are salary. Both can come with benefits and overtime pay, although salary jobs above a certain level often do not pay for overtime - they kind of pay you "to get the job done" no matter what amount of time it takes.

Answer 8

salary ofcourse

you will get a salary of SUNDAYS as well
when u r on holiday having ur fun time & spending ur moneyon parties

Answer 9

salary is the better