Salary vs Hourly. which is better for companies/employees?

[PortCityProphet]

Salaries you know what you're getting but can be worked to death.
Hourly you don't know what you're gonna get but you get what you put in.
I'm curious to what other people think is best.

 

[acri1]

From an employee POV, it depends on what kind of hours the job requires IMO. If it's a straight up 40 hours (or less) every week job, I'd rather be salaried. That way my check won't be short if I take a day off or call in sick. If it's a job with crazy hours or weekend work, I'd rather be hourly so I could get paid for all my time. I'd be annoyed if I was salaried and my boss was asking me to work a bunch of OT or come in on the weekend.

But then again, if you're hourly you can get screwed over if your hours get cut, or if you get sick or something and don't have enough sick days.

Not sure what's better for companies..probably the opposite.

 

[Nigerianwonder]

From an employee POV, it depends on what kind of hours the job requires IMO. If it's a straight up 40 hours (or less) every week job, I'd rather be salaried. That way my check won't be short if I take a day off or call in sick. If it's a job with crazy hours or weekend work, I'd rather be hourly so I could get paid for all my time. I'd be annoyed if I was salaried and my boss was asking me to work a bunch of OT or come in on the weekend.

But then again, if you're hourly you can get screwed over if your hours get cut, or if you get sick or something and don't have enough sick days.

Not sure what's better for companies..probably the opposite.

Many salaried jobs get paid OT as well after 40 hours.

 

[Padron1926]

salaried with overtime (straight, no time and a half)

 

[sm0ke]

salaried with overtime (straight, no time and a half)

what do you mean "straight, no time and a half"?

 

[Padron1926]

what do you mean "straight, no time and a half"?

overtime is not at a 1.5 times your hourly wage but just your hourly wage for every hour of ot worked. I work for a very large company in funny industry where we are classified as salary but for certain circumstances treated like an hourly employee. Overtime is treated differently by different departments and its really up to how ur manager and super interpret the pay rules (really how chill and lax they are)

 

[sm0ke]

overtime is not at a 1.5 times your hourly wage but just your hourly wage for every hour of ot worked. I work in a funny industry where we are classified as salary but for certain circumstances treated like an hourly employee

i'd be mad if i wasn't getting 1.5 for OT.

what about holidays?

 

[Padron1926]

i'd be mad if i wasn't getting 1.5 for OT.

what about holidays?

engineer, so i make pretty good buck so even though I dont get 1.5x, I really cant complain. Use to when i was classified as a jr eng but after 5 yrs they re-classify you in the pay scale (promotion) and you get a pretty good pay bump to offset losing 1.5x

Between Christmas and New years is plant shutdown (about 3-5 wk days depending on where the holidays fall) This is the funny part, we need to use vacation days for these days in between and since its "shutdown" we cant come into work, only necessary personnel or we can take those roughly two weeks unpaid (which i usually do) and lose about a paycheck.

but.......

the rest of the holidays say good friday, veterans, labor etc, we only have to work 32 hrs that week but we can choose to work 40 and gain a 'vacation' day that can be used during shutdown (we can add an "extra" 6 days during the year)

its odd

 

[PortCityProphet]

some guys at my new job say they make around 12,000 extra in OT a year. thats alotta cheese yo

 

[RickyGQ]

yea def depends on the industry you're in... something like retail where they HAWK your hours, you def rather be salary... i used to work at lowes and only once a year was allowed overtime and that was for maybe 2 or 3 days tops... they would straight up schedule you at 39.5 hours and if you even sniffed OT they sent you home...
i work a warehouse job now with ridiculous OT, (i know dudes who make 40 hours of overtime a paycheck) dudes like that make around 60-75k while supervisors are capped at 70k...

 

[1thouwow]

I can’t imagine working hourly.

 

[OperationNumbNutts]

I can’t imagine working hourly.

Bumped up a 10 year old thread. Since you answered it I'll join you. Salaries are great for employers cause they can work the dog snot would be people without paying overtime. Hourly is better for employees for obvious reasons.

 

[1thouwow]

Bumped up a 10 year old thread. Since you answered it I'll join you. Salaries are great for employers cause they can work the dog snot would be people without paying overtime. Hourly is better for employees for obvious reasons.

Y’all always think salary folks working extra hours

 

[Yapdatfool]

Bumped up a 10 year old thread. Since you answered it I'll join you. Salaries are great for employers cause they can work the dog snot would be people without paying overtime. Hourly is better for employees for obvious reasons.

I started my IT job salaried where I am. I don't think I ever saw any OT pay even though we did work well over that consistently.

I am now hourly and restricted to 40 hours per week for the remainder of my tenure where im at.

 

[OperationNumbNutts]

I started my IT job salaried where I am. I don't think I ever saw any OT pay even though we did work well over that consistently.

I am now hourly and restricted to 40 hours per week for the remainder of my tenure where im at.

You sound lucky. I'm in accounting. I didn't experience it but I know the Big Four accounting firms seriously get over paying salary and having accountants/auditors work way past 40 hours.