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Can a company go from paying you a salary per week to only paying an hourly wage?
Wiki User
∙ 12y ago
no way
Wiki User
∙ 12y ago
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Can a church pay the secretary and custodian a salary instead of hourly?
Only if it was predestined by God, according to Calvin.
What are disadvantages of salary?
The disadvantages of a salary as compared to an hourly income really falls to one thing- with a salary it does not matter how many hours per week you work, your check will remain the same. Whereas with a job that pays you hourly, you will earn the exact amount of labor that you offered for that pay cycle. The advantage of having a salary versus a hourly pay is that say for instance you only worked twenty hours for the week- your check will reflect the amount of pay agreed upon by you and the employer. So it is really like a gamble depending upon the company in which you are working for. The best advice I can say is to check what the average worker within that same company under the same title works per pay cycle and see if that sum is beneficial or disadvantageous toward a salaried income.
Why might a business choose to use IT outsourcing services?
Outsourcing is beneficial to the company more so than the employees. It's sales based, rather than an hourly pay. So with outsourcing, the company only pays you what you sell, and not an hourly wage.
If other company offer you a higher salary do you still stayed with us?
A higher salary does not mean job satisfaction. Only you can decide that.
Is salary monthly or weekly?
Salary is usually on a weekly contract, though some people or the company's/businesses prefer monthly or bi-weekly and on very rare occasions annual salary, but usually only on VERY high paying jobs.
Do truck rentals charge hourly?
Truck rental fees vary by provider. Some charge strictly hourly, while others charge hourly plus mileage. Others may only charge daily rates like the average car rental company.
Why do some employees get an hourly wage and others get a salary?
It depends on the nature of the industry and the type of position. Nearly all part time jobs are hourly. This is because they have limited hours. Salary positions are ones are generally task orientated. You have to complete the task for satisfactory contribution. The hours may well exceed 40 in a week, but the end result is the only measurable.
What does CTC or Cost to Company mean?
Cost-to-CompanyCost to Company (CTC) is a term used to describe an investment without return. Travel expenditures, interviewing, spending time with potential customers can all be interpreted as CTC's. Cost to Company can also be used to refer to the total cost that an organization is spending towards their employee including the Salary, Perks, Cost related to benefits, Cost related to hiring, Training, Retirals, Statutory Contributions etc.Here is more input:Cost to Company is a buzz word to describe how the company can slowly pay you less and less, and remove all your benefits, until you are "self funded" - in other words you pay for all your "benefits" yourself, while the company receives the tax benefits for these payments. This improves their profit ratio, and if this system is extrapolated, you will eventually pay the company to work there. So you'll need a second job to fund this. :-)CTC - Cost to company is a trick of a company and HR department, to show we are paying a big salary, but unfortunatly it is just bubble. They overload total expences of human resources on salary, and show that they are paying this much salary to the staff. but actually they pay less and show more. For example....your salary is 6.00 Lacs p.a. Means ... you are getting 50,000/- per month. But actuly person gets only 25,000/- per month...all other money is deducted for facilities.. Means we are paying for getting facilities, but company shows they are giving us good facilities in the organization. In short, we pay from our salary for getting facilities, but company says they are giving good facilities to there staff. So you are paying for even unwanted facilities which you don't need. Before deciding CTC, ask for breakup of facilities.
Can you get government benefits like food stamps or welfare or etc on a commission only job but no income?
If you receive a commission it is counted towards your income. It would be used to calculate your benefits in the same way as a salary or hourly wage. It is still considered earned income and must be reported as such. $100 earned through commission is the same as $100 earned through an hourly wage or salary.
How much money can a insurance agent make?
Insurance agents make their money on a percentage commission from the insurance company the larger the premium the more money the agentreceives, or if they are small policies the agent may receive an amount per policy sold. Basically the more insurance policies that are sold the more money the agent will make.
What is the average salary increase per year?
When you compared two companies listed in an employment agency's job list, the only difference in benefits were the following plans: Company A : Annual salary = $100,000 Annual Raise = $20,000 Company B Semi-anual Salary =$50,00 Semi-Anual Raise = 5,000 From a income standingpoint in the long term, which company would be the better company to work for? Explain you answer.
What is the starting salary of a Taxi Driver?
The starting salary for a taxi driver will depend upon the company they are working for. Many taxi drivers work on commissions and tips only.
