💨 Abstract

The article discusses the differences between salary and hourly pay, explaining how each form of compensation works and the pros and cons of each. Salary is a consistent, fixed-amount payment paid to full-time employees, while hourly pay is based on a set rate for each hour worked. Salaried employees may not receive overtime pay, while hourly employees are eligible for overtime pay after working over 40 hours a week.

Courtesy: wtop.com

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