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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 ...
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).
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 ...
A full-time work week in the United States occupies five out of seven days each week. The average American works close to 40 hours per week, and there are 52 weeks in a year. Doing the math tells ...
As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $98,422) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $99,028, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...
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 ...
Increasingly, employers are offering compressed work schedules to employees. Some government and corporate employees now work a 9/80 work schedule (80 hours over 9 days during a two-week period)—commonly 9-hour days Monday to Thursday, 8 hours on one Friday, and off the following Friday. A person working more than full-time is working ...