Hourly or Salary?
Salary or Hourly
Salary gives you a little more control of the situation. Bonus. Worse insurance benefits. Worse Pension. Possibly better pay, but not necessarily. The challenge fills that hunger within me though.
Just curious what you guys thought if given the option.
Salary gives you a little more control of the situation. Bonus. Worse insurance benefits. Worse Pension. Possibly better pay, but not necessarily. The challenge fills that hunger within me though.
Just curious what you guys thought if given the option.
0
-
I am 100% commission, and let me tell you...it makes me work my ass off. I know that I am in control of how much I make and it makes me work very smart to do the best I can.
However, that was not the question you asked. I like salary because you do know exactly what you are bringing home, minimum, every week. Just me personally.0 -
I'm salary now, half the time I don't feel like I'm earning what little I make. 0 -
both have good and bad points.
hourly: bad benifits, low wages, overtime to compensate is a plus unless you have a boss that will cut your hours the next week to offset the OT.
salary: no ot pay, better benefits, can count on the same paycheck everytime, easier to budget on that end, but no ot pay sucks when you work more that 50 hrs per week.0 -
I've never had a salaried job. As I understand it, many salried positions don't allow for overtime, that would suck. 0 -
salary gets paid once a month now.[:(] 0 -
I'm for hourly. Seems that if you are on a salary, you work more more time for less money. Just my opinion. 0 -
I am hourly. I have been 100% Commission before. Sucked, because I wasn't so great at it.
Since I am hourly and there is quite a bit of overtime available, I usually come close to doubling my actual base yearly pay. I really don't mind the OT either.0 -
Definatly hourly. Get compensated for overtime, and I have excellent benifits.
I watch alot of salary guys work 12 hour days or more without getting compensated for the way over 40 hours a week they put in.0 -
One of the best paying jobs I had was a Production Supervisor. Salaried position; but, was paid overtime and we worked plenty of it. The month's overtime (80-90 hours) was paid the following month with your regular salary paycheck. Company worked overtime, constantly, year round. Nothing for a production worker to gross $45,000-$50,000 per year.
I had plenty of money; but, overall the Supervisor job was the pits. There was a bigger turnover in Supervisors than any position in the entire company. Good pay but horrible job. I lasted about 2 years.0 -
I work salaried and get paid "Chinese" overtime. The more I work, the less I make per hour. But, come hunting season I may work 15 days in 3 months and still bring home a steady paycheck. My company pays purty good bennies as far as healt insurance, 401, life, AD&D, and vacation (1 day a month + 3 floating holidays= 15 days a year).
Now the hours suck (on call) and your'e expexted to do a good job on each call out, but.....There ain't nobody standing in line to take my place and with the turnover we have, I should be able to move up at a pretty good pace. Perfect job for someone like me who seems to have "personalty conflicts" all to often.[:D]
If anyone in South Louisiana is looking for a $40k+ job, e-mail me and I'll give you specifics.
A previous salaried job I had basically sucked. No OT and my the company didn't have a specific work plan for me. Great for a slacker. But I like to know what my company expects of me. After 3 months I finally broke and had a "personality conflict" with one to many people.[:D]0 -
quote:Originally posted by SCorvers
I work salaried and get paid "Chinese" overtime. The more I work, the less I make per hour. But, come hunting season I may work 15 days in 3 months and still bring home a steady paycheck. My company pays purty good bennies as far as healt insurance, 401, life, AD&D, and vacation (1 day a month + 3 floating holidays= 15 days a year).
Now the hours suck (on call) and your'e expexted to do a good job on each call out, but.....There ain't nobody standing in line to take my place and with the turnover we have, I should be able to move up at a pretty good pace. Perfect job for someone like me who seems to have "personalty conflicts" all to often.[:D]
If anyone in South Louisiana is looking for a $40k+ job, e-mail me and I'll give you specifics.
A previous salaried job I had basically sucked. No OT and my the company didn't have a specific work plan for me. Great for a slacker. But I like to know what my company expects of me. After 3 months I finally broke and had a "personality conflict" with one to many people.[:D]
Not good when the new regional manager say "You're not a team player, and the response is "I am a team player, just not necessarily on your team."0 -
I am salary but I can get OT paid at the straight time rate. It just has to approved in advance by my boss and it almost always is. If he does not approve it, I don't work it. I can also bank the time and take it as comp time off if I want. 0 -
At my firm the professional and technical staff (engineers and technicians) are all salaried positions while the clerical postitions are paid an hourly wage. Our MBA partner set it up this way when our business began and so far there has been no reason to change it. Each position has a specific pay scale containing pay steps of 5% each so a new hire would be making 40% less money than a topped out employee if they both held the same position. Partners salaries are based on a lump sum amount which we decide on each year. All three of us divide this money into three equal shares and then spread out payments into 26 pay checks over the course of the year. Partners bonuses are based on over all profits but are also capped. 0 -
I have done both recently. I guess it depends what kind of work you do. Straight days-shift work--weekends or holiday work. Advantages to both ERRR, what am I saying, I just retired Dec. 31st. [:D][:D][:D][:D][:D] 0 -
I'm piece rate. Close to sub pay it pays a certian rate whether the job takes one hour or ten hours. Some times i make 78 dollars an hour and sometimes i make 6 dollars an hour. just depends, sometimes i lose my butt and sometimes i stick it to the man. 0 -
The lack of overtime doesn't bother me. Tack the salary of the hourly employee make comparable to the minimum starting salary of the supervisor. If a person is able to be above to obtain average performance then the salary should reflect it. Such as, if the team's performance improves dramatically, then pay accordingly.
What bothers me is the benefit's package is considerably better for the hourly employees. Of course, whose to say it will remain that way. The hourly pension and health insurance is absurdly good, but there is always the next contract negotiation. Union or not, benefits and pay competes with those paid by others in industry.0 -
.....Same firm. 2 years hourly, then 11 years straight salary, then back to hourly for 17 years. Same benefits (or lack of). When I worked 60-80 hour weeks on salary, I felt like a slave. I'll take the hourly, time and a half overtime.
...One caveat. When I worked those insane hours for salary, I was proud that I put out for the company. Odd...I felt cheated but proud that I would do what had to be done.0 -
I like working hourly, i would say that 1/4 of our plant makes alot more than our foremens across all 3 shifts. Our pay is straight time to 40, then time and a half from 40-48, after 48 it's all double time. My straight pay is 20.25 an hour and i just worked 6 days for a total of 71 hours. 0 -
Been on salary for 37 years, have a company vehicle with unlimited use and good benefits. Been with the same company for 47 years and am now top dog! Don't have to do anything anymore except act as a consultant and sit behind my computer looking stupid. (I am good at that[:D]) I can leave and go where I want anytime I want because the company furnishes me a radio and a cell phone, (with unlimited use) so they can reach me when they want. I now draw SS retirement benefits so my entire paycheck goes into savings. Not too bad for an old former West Virginia hill billy. [;)] 0 -
Independent contractor works well for me, send me a 1099 by Feb 28th 0 -
I work for myself. No salary. No hourly wage. If I do not it make a profit, I do not eat. 0 -
I'm a self employed business owner. My father and I are partners. We only draw a paycheck once a year at the end of December. It has been this way for 7 years now and I seem to like it. Besides, I dont have to pay quarterly taxes by doing this. 0 -
I don't think I would want to work an hourly job. Salary is alot more predictable. There are many variables that they hourly employee is subject to have reason to loose pay over that the salary employee would not worry about. If the salary employee negotiates his pay well upon accepting the job, he should not feel cheated on payday. 0 -
I've been straight commission, hourly (both with and without OT) and salaried. My experience is that, in salaried positions, one has a lot better opportunity to get into upper management, where the money, bonuses, expenses, company cars, stock purchase and other perquisits far exceed any of the other options - except maybe a straight commissioned stock broker or realtor.
D.0 -
I"m hourly, and would not have the salaried postiton at my plant. The salaried people do not have as good of insurance, and they have to pay more for it. Of course the Union negoiated our insurance plan, and salaried people do not have that as a benefit. Our salaried people get no OT pay, and may have to put in as much 70 hours per week. Sucks to be them. Yea, their pay is based on 25 an hour on a 40 hour week, but when you wind up putting in 70 to 80 hours, they aint making much on the hour. 0 -
Salary and being a farmer a bonus depends on the crop. (And the crop depends on the weather and the weather sucks!) 0 -
Retired from GM in '92 salaried. I've seen it all. UAW took care of their folks in terms of benefits. My hourly buds are doing better than me in terms of health insurance. That is starting to change. Be advised that there are two salary classifications - exempt and non-exempt. Non-exempt salary folks get overtime. Now if you are working for a small company where the boss makes all the rules things change - unless someone has the bucks to get an lawyer and chalange that. I still work salaried (for 13 years) at my new place. The problem I always had with hourly/union work was that no matter how well I would do my job, some slacker in my same classification, would make the same. 0 -
contract can be a pain too... specialy when it comes time to renew... 0 -
quote:Originally posted by Henry0Reilly
I've never had a salaried job. As I understand it, many salried positions don't allow for overtime, that would suck.
Yes you have-see your sig0 -
hourly. LIVE BETTER WORK UNION 0
Please sign in to leave a comment.
Comments
39 comments