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An hourly worker or hourly employee is an employee paid an hourly wage for their services, as opposed to a fixed salary. Hourly workers may often be found in service and manufacturing occupations, but are common across a variety of fields. Hourly employment is often associated but not synonymous with at-will employment.
The earliest such unit of time, still frequently used, is the day of work. The invention of clocks coincided with the elaborating of subdivisions of time for work, of which the hour became the most common, underlying the concept of an hourly wage. [2] [3] Wages were paid in the Middle Kingdom of ancient Egypt, [4] ancient Greece, [5] and ...
When paying a worker, employers can use various methods and combinations of methods. [2] Some of the most prevalent methods are: wage by the hour (known as "time work"); annual salary; salary plus commission (common in sales jobs); base salary or hourly wages plus gratuities (common in service industries); salary plus a possible bonus (used for some managerial or executive positions); salary ...
If the same wage is not paid to a majority of those employed in the classification, the prevailing wage shall be the average of the wages paid, weighted by the total employed in the classification." [ 6 ] State level rates are calculated using various methods including an average of all wage rates paid, the mode, or based on collectively ...
Suppose you work 45 hours in a week, and your hourly rate is $10 per hour. You’ll get $10 per hour for the first 40 hours, or $400 total. For the remaining 5 hours, you get time and a half ...
Jacquelyn Martin/AP Last month, President Barack Obama included in his State of the Union address a plea to Congress to raise the hourly minimum wage to $10.10. Some people support the idea ...
A general rule for comparing periodic salaries to hourly wages is based on a standard 40-hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week. Divide $800/week by 40 standard hours equals $20/hour).
For example, Job A offers you $25 per hour, 40 hours of sick leave, 80 hours of vacation time and paid holidays. Job B offers you $26.50 per hour, but you get no sick leave, paid vacation or paid ...