@emww8569
If you know your rights, salary employees still are entitled to over time pay, but most companies do not honor this because most people don’t know this
@tahmidchowdhury8539
In salaried jobs you do get paid overtime for excess work. Hourly jobs are mostly low wage and low skilled jobs, whereas salaried you are a more valued employee. If you have to take off work for some personal reason, in hourly pay situation you are not going to be paid for the missing hour. In salaried pay, you are paid fixed rate regardless of short hours of work. If any hourly worker ever held a salaried job, that person would never go back to the hourly pay structure.
@user-tz5uq2bt1s
I am salaried the first 40 hours and hourly for every hour beyond the first 40.
@SonicBoomC98
Hourly jobs often have forced overtime because many of these jobs are low-level. I find if you get the right job at the right level, they won't force you to work extra whether it's hourly or salary. It might be occasional. Let's say you work at a college , maybe you work a little late those first few weeks. Sometimes it's just the employer. A bad employer is a bad employer if it's hourly or salary. At the salary jobs I've worked, I've found there to be no hold back period or partial check. I get paid my check as long as I was hired before last payroll processed. Some salary jobs also do additional PTO in the place of overtime. Some salary jobs still require you to work a minimum number of hours, 30 hours for example. You could be on salary but still clocking in.
@ForsenXDD
In my workplace supervisors and such used to get £15 per hour, overtimes there required pretty much and with that they were making about £2200 after deductions each month. Now they put them all on salary for £25k a year, they make less than £2000 per month whilst doing same hours as before...
@quinnquynguyen8129
Could you type out the pros/cons you're listing? eg 1:47, list "no health coverage, less pay" below your caption "HOURLY CONS" Helps the deaf and such.
@mariaanbar9907
You should also mention Job security as many hourly paid Jobs are Casual.
@goodgirlvicki
I have lab professional job and get paid by the hour and I have paid time off. Paid time off is not exclusive to people who have a salary.
@drzpapi413
Can't say one is always better than they other. Literally need to take it case by case. I come from the hourly world and finally went salary. Yearly wage exceeded what I was making working 15 hours of OT weekly. Plus a generous yearly bonus. Any extra time I work becomes comp time. We're flex time so I don't have a fixed schedule to adhere to. So was it worth it becoming salary, yes. I'll always pick 50 an hour salary over 35 an hour with over time. At some point, your free time becomes more valuable than overtime.
@PacMonster146
Overtime (hourly) varies depending on the employer. Not everyone is guranteed OT. Hospitals tend to be stingy when it comes to it and you'll need the manager's permission to work OT.
@spawn11
A salaried employee here. at begining I wasn't fast/efficient enough as a delivery driver. I used to work 45-50 hours weekly. Today after 6 months I am faster and work 35-40 hours a week and my employer doesnt like that lol. They trying to increase my workload without increasing my salary. ld Driving jobs should always be on hourly clock because when you're on salary u'll try to rush and finish as fast as u can.
@MW-qv5ox
All depends on your life situation. If you have kids and bills a salary position is ideal for guaranteed income. At any point they could cut your hours if hourly and you can’t make ends meet or makes the arrangement no longer worth it. You also get paid for holidays in a salaried position.
@Mariethechaotic
Than you. I'm considering pitching to my executive director and the board a salary position because my ED (82) and me (32), are constantly butting heads on my hours, literally if I put 8 hour days instead of 7, nevermind that we both know that I actually work much closer to 12 hour days. I'm hoping salary can allow me to get my work done in peace while also feeling like I'm getting paid what I'm worth, well at least lose to it.
@SquidMax-ym6gv
Most wage jobs have leave loading. In Australia you get four weeks leave a year, and the leave loading is usually 17.5% So those four weeks holiday I get every year the company pays me 17.5% extra. I work overtime nearly every day and that can give you amazing pay weeks.
@pimtool9351
I was told I'm salary but when I started working I have to hand in a timesheet every 2 weeks and now my boss is pissed I'm not there 8 hours a day despite not having any work. Same way at my last job. Most employers use salary as a draw but then when your roped in and they realise they dont own you all of a sudden they start counting your hours.....
@zacharycarter9887
It depinds the true salaried employees if they work 50 plus hours they loose if your like me i am both an hourly at 20 per hr and on salaried thats 40100 per year but after 40 hrs thats time and a half i win lol
@firefang3012
Cool video, very informative 🤔👍
@higherthinking4143
I was hourly making 110k but I was working OT. Got promoted to be a supervisor and literally don’t have to do nothing but watch over the line and make sure my employees got what they need, salary 112k working less. Really depends on the job. Me: semiconductor wafer fab no degree but job putting me through school. You suppose to have a bachelor’s but that requirement got removed.
@mphlohi
Salary is a fixed regular payment, doesn't matter whether it's by the hour, day, week, bi-week, month, year, or whatever. Hourly pay is a type of "salary".
@orome9793