Using complete sentences, compare and contrast hourly and salaried jobs. What are the benefits and drawbacks to these types of jobs?

See the explanation section

Explanation:

Req. A

Hourly job is the job where each employee has to work a specific number of hours and gets paid based on an hourly rate. On the contrary, a salaried job is a job where an employee has to work officially without tracking any hours regularly.

Hourly jobs have an over-time opportunity, while salaried jobs do not have an over-time opportunity.

Hourly jobs employees are getting money within a week, while salaried jobs are either bi-weekly or monthly.

Req. B

Benefits of hourly jobs

Hourly jobs employees can work more than 40 hours to get extra money.

Drawbacks of hourly jobs

Hourly jobs employees cannot earn much money in where the company is not in a good position. Moreover, the hourly employees may not enjoy the bonus or retirement plans.

Benefits of salaried jobs

Salaried jobs can enjoy the bonus, retirement plan, and paid absenteeism.

Drawbacks of salaried jobs

Salaried employees have to work more time without getting no extra money.

The main difference between hourly and salaried jobs is the way of paying. Hourly job is paid on hourly work, while the salaried job is paid monthly.

Hourly workers are paid for every hour of work, even if they do overtime, they will be paid. Saried workers have a salary and usually are not having overtime hours.

Explanation:

The bad thing about hourly work is that the employees are not guaranteed with the sure amount of hours during the week, only if they have a contract. The hours of work can be different from week to week.

The good thing about the salaried job is that superiors are not always paying attention to the hours of work of an employee, so employees may work less than 8 hours per day.

However, there are positive sides to the hourly paid job. People working per hour can organize their time and decide when they will work. Sometimes they are earning much more than employees on a salary base.

But, salaried jobs bring more security, and that is what people are more fond of.