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.
No, it is not ... at least not without some qualifications. The US is changing its rules regarding exempt employees (the new rules go into effect December 1 2016), and employees at the low end of the salary range may no longer qualify for exempt status. So SOME salaried employees may be going to hourly pay (which among other things, means they will now be eligible for overtime pay).
How to calculate and hourly rate into an annual salary? The answer to this question will depend on what is meant by annual salary. The annual salary earned by an hourly employee is calculated by: Annual salary = (hourly rate) x (hours worked) But hourly employees often receive time and a half for each hour after the fortieth hour every week. So the calculation should be: Annual salary = ((hourly rate) x (hours worked)) +…
Estimate how many days an employee works, and how many hours per day; divide the anual salary by that. You may want to do some additional adjustments, for example due to the fact that an employee paid by the hour wouldn't get some of the additional benefits that your permanent staff gets, but that's the basic idea.
Typically, but not always, it has to do with whether the job is exempt from the requirements of overtime pay. Generally speaking, jobs that are management, professional, IT related, etc. are exempt and are typically paid salary. Laborers, manufacturing and construction workers, administrative workers, etc., are typically paid hourly and are eligible for overtime.
depending on where u work commission can be around 45% n up average about 60% some salons do both commission & salary if they make over salary u give them commission if they make under its just the set salary. salon owners would not give a nail employee this salary amount if they didn't think they could reach it majority of the weeks...give or take some slow weeks out of the year. but salary is…
It depends on the individual school district within the province, but it is between $22.00-$26.00. Some districts do not have distinct pay scales, and what you start at is what your pay is, while others have you work up to your full hourly rate in increments of time worked. Some districts offer additional pay in lieu of offering benefits.