I'm a full-time, permanent employee with full health and dental insurance, holidays off, half-day Fridays during the summer, and the week after Christmas off (all while still getting paid for a full workday), and I'm not salaried; I get paid on an hourly basis. I prefer it that way as I make a decent chunk of change when I work a couple hours overtime every day. If I were a salaried employee, I would get paid for working eight hours, and only eight hours a day, regardless of how many hours I actually worked. But since I get paid on an hourly basis, as soon as the clock hits the eight-hour mark, I start making one-and-a-half times my normal hourly rate. In the US (and I'm assuming Canadia as well) getting a salary has the connotation of that you make a fixed amount of money each year, despite that a salary is actually the wages you get paid for your job, whether at a fixed yearly sum or on an hourly basis.
HOLIDAY CELEBRATE Whatever the hell is going on with the questioning, congrats on the promotion all the same.
Shaun you should post more threads about your work escapades. For some reason they always turn out to be somewhat of a circus. Dan likes the circus.
Actually not true. For example, I'm a salaried employee and I get paid for any hours I work over 8 a day (40 a week). It's not time and a half, but I do get compensated at straight time. Then there's also annual bonuses, SEP contributions, health care for my dependents, etc. Salaries can have all this built in ahead of time...or not. Congrats Shaun.
Well, it's true where I work, which is what I was basing my example on. Forgive me if I did not make that clear in my post.
Yeah, I am greatful that I am hourly. If I were salaried, I would be making 40K a year, but with the overtime I put in, I make $45K a year.
Well, he doesn't currently and has no plans to work at or for H&R Block so...0 days and 0 hours is my bet.
Ahh I see. Never really seen it called either. I get a fixed salary each year (that just went up, woohoo!) but I am also on an hourly rate which is shown on my pay slip. If I have to work overtime it's paid at some rate (can't remember what) though I have to claim that time and it's to be shown on my timesheets If I were to refer to myself I would say I am in full-time employment which indicates I am on a salary. We also have a flexible benefits scheme that covers pension, health and some other stuff. Plus we get the nifty option of buying extra weeks of holiday which I'll be doing this year And coincidently I have sitting in front of me my new contract to sign, which arrived yesterday.
I'm salary. I get paid for my 40 hours. If I work 50 hours, I get paid ... for my 40. No overtime, ever. I don't get extra pay if I work a holiday, only an extra day off added to my time-off balance. I pay for my benefits out of my own pocket, although I have the option for all types of coverage. But hopefully I'm not here much longer.
