payroll vs salary? whats the difference? benefits? detriments?

Answer 1

Salary will give you better ability to budget as your payroll will be more consistent. Typically, salary comes with sick leave and the ability to "bank" extra time".

However, if your position requires that you work a lot of OT and your employer will not allow you to bank it, then salary may not be for you. Be sure to negotiate your salary based on the typical hours worked in pay period x the number of periods in a year, taking into consideration the your base rate of pay plus your OT rate of pay.

Answer 2

Ummm. if you are getting paid, you are on the payroll.
You mean hourly vs salary?
Salaried is often for higher level workers and managers, so you'd be getting paid a lot more usually. Depending on your job, you can get by with doing less work, although, they could work you more hours than just 40 and don't have to pay overtime really. Although they do give comp time sometimes.

Hourly is better for a lot of people because you can actually get paid time and a half for overtime. Although, many times, hourly employees are seen as more expendable than salaried ones. Just a psychological difference in some respects, although the better jobs are usually salaried.
Hourly jobs can get shift differentials and holiday/sunday pay often, where salaried doesn't usually.
Salaried usually means they care about keeping you more and often the benefits are better than just hourly employees.

Answer 3

The salary/remuneration for a particular job is the market value for a particular profession and designation at the city/town where the office is located. Job postings at websites like Monster, Yahoo HotJobs and Careerbuilder carry information about salaries. The Govt Dept of Labor, (www.bls.gov) Bureau of statistics has information about median salaries for different professions and details of additional compensation offered. Other online resources are salary.com and payscale. Your salary will also depend on your educational qualification and how you handle your career. More details and links to relevant websites available at http://tinyurl.com/rndxq